Find the mean, variance, and standard deviation of the binomial distribution with the given values of n and p n= 60, p 0.7 The mean, p, IS (Round to the nearest tenth as needed.)

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Find the mean, variance, and standard deviation of the binomial distribution with the given values of n and p.
n= 60, p 0.7
The mean, H, is
(Round to the nearest tenth as needed.)
Transcribed Image Text:Find the mean, variance, and standard deviation of the binomial distribution with the given values of n and p. n= 60, p 0.7 The mean, H, is (Round to the nearest tenth as needed.)
Expert Solution
Step 1

We know that, 

Let X be the random variable from binomial distribution probability (p)=0.7 and sample size (n) = 60

Then, 

We will find the mean, variance and standard deviation= ? 

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