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The variance of the binomial distribution is alwaysReview LaterEqual to meanless than meangreater than meanequal to standard deviation

Question

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Solution

The variance of a binomial distribution can be expressed mathematically as:

σ2=np(1p) \sigma^2 = n p (1 - p)

where:

  • nn is the number of trials,
  • pp is the probability of success, and
  • 1p1 - p is the probability of failure.

The mean of a binomial distribution is given by:

μ=np \mu = n p

Key Analysis

  1. Relationship Between Variance and Mean: The variance (σ2\sigma^2) involves the product of nn, pp, and 1p1 - p, while the mean (μ\mu) is simply npn p. This means that the variance is dependent on both the number of trials and the probabilities involved.

  2. Standard Deviation Relationship: The standard deviation (σ\sigma) is the square root of the variance:

σ=np(1p) \sigma = \sqrt{n p (1 - p)}

Conclusion

The variance of a binomial distribution is typically calculated as np(1p)n p (1 - p), which is not necessarily equal to the mean but is rather a function of it. Thus, the variance can be:

  • Equal to the mean only in specific cases,
  • Less than the mean for certain values of pp,
  • Greater than the mean when pp is close to 0 or 1.

Based on this assessment, the best answer is "less than mean" for many values of pp within the probability constraints.

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