Find the standard deviation for the values of n and p when the conditions for the binomial distribution are met.
N = 1000, p = 0.7
A) 210
B) 700
C) 14.5
D) 300

Question

Quizplus · Accepted Answer

The standard deviation for a binomial distribution is calculated using the following formula: 
sqrt(n*p*(1-p))

Plugging in the values given, we get: 
sqrt(1000*0.7*(1-0.7)) = 14.5

Therefore, the answer is C.

Find the Standard Deviation for the Values of N and P