Problem

Find the mean, variance, and standard deviation of the binomial distribution with the given values of $n$ and $p$.
\[
n=80, \mathrm{p}=0.3
\]
The mean, $\mu$, is 24 . (Round to the nearest tenth as needed.)
The variance, $\sigma^{2}$, is $\square$. (Round to the nearest tenth as needed)

Answer

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Answer

Final Answer: The variance, \(\sigma^{2}\), is \(\boxed{16.8}\).

Steps

Step 1 :Given that \(n=80\) and \(p=0.3\).

Step 2 :The mean of a binomial distribution is given by the formula \(\mu = np\).

Step 3 :Substitute the given values into the formula to get \(\mu = 80 * 0.3 = 24\).

Step 4 :The variance of a binomial distribution is given by the formula \(\sigma^2 = np(1-p)\).

Step 5 :Substitute the given values into the formula to get \(\sigma^2 = 80 * 0.3 * (1 - 0.3) = 16.8\).

Step 6 :Final Answer: The variance, \(\sigma^{2}\), is \(\boxed{16.8}\).

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