We have seen that for a binomial distribution with n trials, each with probability of success P,

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We have seen that for a binomial distribution with n trials, each with probability of success P, the mean is as follows:

mX = E3X4 = nP Verify this result for the random variable “number of heads” in an experiment tossing three coins by calculating the mean directly from mX = axP1x2 showing that for the binomial distribution, the two formulas produce the same answer.

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Statistics For Business And Economics

ISBN: 9781292436845

10th Global Edition

Authors: Paul Newbold, William Carlson, Betty Thorne

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