Consider a Bernoulli Experiment with 7 trials. If the expected number of “successful” trials is 4, what is the probability of a “successful trial”? What is the variance of the Binomial Distribution formed

College Algebra
10th Edition
ISBN:9781337282291
Author:Ron Larson
Publisher:Ron Larson
Chapter8: Sequences, Series,and Probability
Section8.7: Probability
Problem 11ECP: A manufacturer has determined that a machine averages one faulty unit for every 500 it produces....
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  • Consider a Bernoulli Experiment with 7 trials. If the expected number of “successful” trials is 4, what is the probability of a “successful trial”?
  • What is the variance of the Binomial Distribution formed ?
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