Practicing Success
If the mean and variance of a binomial distribution is 24 and 8, find the value of n. |
36 192 12 20 |
12 |
Mean = np and Variance = npq Where, p = probability of success and q = probability of failure np = 24 -----(1) npq = 8 np (1 - p ) = 8 ( q = 1 - p ) By using equation 1 , 24 ( 1 - p ) = 8 p = 1 - \(\frac{1}{3}\) = \(\frac{2}{3}\) Now, np = 8 n × \(\frac{2}{3}\) = 8 n = 12 The correct answer is Option (1) → 12 |