Consider a random variable X that follows a binomial distribution with parameters n = 10 and p = 0.5. What is the mean of this distribution?
Substituting the given values into the formula, we have \(\mu = 10 * 0.5\)
Step 1 :The mean of a binomial distribution is calculated using the formula \(\mu = np\)
Step 2 :Substituting the given values into the formula, we have \(\mu = 10 * 0.5\)