A binomial random variable B with p 0 7 and n 3 Use the formula for the binomial probability distribution to find and graph the probability distribution in the above case ...

The probability distribution for B is PrB 0 b0 ...

A binomial random variable B with p = 0.7 and n = 3. Use the formula for

Question:

A binomial random variable B with p = 0.7 and n = 3.
Use the formula for the binomial probability to find and graph the probability in the above case.
Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...