Assume that you have a binomial experiment with p = 0.4 and a sample size of 50. The variance of this distribution isQuestion 8Select one:a.1.44b.144c.12d.20
Question
Assume that you have a binomial experiment with and a sample size of 50. The variance of this distribution is
Question 8
Select one:
- a. 1.44
- b. 144
- c. 12
- d. 20
Solution
1. ### Break Down the Problem
We need to find the variance of a binomial distribution, where we know the probability of success and the sample size .
2. ### Relevant Concepts
The variance of a binomial distribution can be calculated using the formula:
where:
- = number of trials (sample size)
- = probability of success
- = probability of failure
3. ### Analysis and Detail
Let's plug the values into the formula:
Calculating further:
- Calculate :
- Now substitute back into the formula:
- Calculate :
- Finally multiply by :
4. ### Verify and Summarize
We calculated step by step and verified that the variance is . Therefore, based on the options provided:
Final Answer
c. 12
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