The distribution of the binomial random variable (X) has the following parameters; p = 0.3and n = 9. Determine the expected value (rounded off to zero decimals).A. 2B. 3OC. 10OD. 9 In the first quarter of 2019, the average home loan for first time buyers was R950, 000.Assuming a normal distribution and a standard deviation of R70, 000. What first time buyerhome loan amount would have been exceeded by only 5% of the mortgage customers(rounded off to zero decimals)?A. R1,065, 150B. R992, 250C. R1,200,000O D. R1,000,000

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MATLAB: An Introduction with Applications

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ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

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The distribution of the binomial random variable (X) has the following parameters; p = 0.3 and n = 9. Determine the expected value (rounded off to zero decimals). OA. 2 B. 3 C. 10 D. 9