Let X be a negative binomial random variable with r = 27 and p = 0.39. Find the variance of X.

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Answer with the precision of 3 decimal places.
Let X be a negative binomial random variable with r = 27 and p = 0.39. Find the variance of X.
Transcribed Image Text:Answer with the precision of 3 decimal places. Let X be a negative binomial random variable with r = 27 and p = 0.39. Find the variance of X.
Expert Solution
Step 1: Determine the given data

From the provided information,

r = 27

p = 0.39

X~NBIN(r, p)

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