Determine the cumulative distribution function of a binomial random variable with n = 3 and p =

Question:

Determine the cumulative function of a binomial random variable with n = 3 and p = ¼ 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...