Find the variance for the values of $n$ and $p$ when the conditions for the binomial distributi are met.
$$n = 500 , p = 0.75$$
A) 375
B) 93.75
C) 9.7
D) 125

Question

Quizplus · Accepted Answer

The variance ($\sigma^2$) of a binomial distribution is given by the formula $\sigma^2 = np(1-p)$. Substituting $n = 500$ and $p = 0.75$ gives $\sigma^2 = 500 \times 0.75 \times (1 - 0.75) = 500 \times 0.75 \times 0.25 = 93.75$.

Find the Variance for the Values Of nnn And ppp When the Conditions for the Binomial Distributi Are Met

Find the Variance for the Values Of $n$ And $p$ When the Conditions for the Binomial Distributi Are Met