Statistical Techniques in Business and Economics
16th Edition
ISBN: 9780077639723
Author: Lind
Publisher: Mcgraw-Hill Course Content Delivery
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Textbook Question
Chapter 6, Problem 12E
Assume a binomial distribution where n = 5 and π = .30.
- a. Refer to Appendix B.1 and list the
probabilities for values of x from 0 to 5. - b. Determine the mean and standard deviation of the distribution from the general definitions given in formulas (6–1) and (6–2).
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Chapter 6 Solutions
Statistical Techniques in Business and Economics
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