If X Binomial(n, p) find Var(X).

Question:

If X ∼ Binomial(n, p) find Var(X).

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Introduction To Probability Statistics And Random Processes

ISBN: 9780990637202

1st Edition

Authors: Hossein Pishro-Nik

See More Books

Question Posted: Nov 01, 2023 01:40 PM

See More Questions

If x is a binomial random variable, use Table I in Appendix D to find the following probabilities: a. P(x = 2) for n = 10, p = .4 b. P(x 5) for n = 15, p = .6 c. P(x > l) for n = 5, p = .1 d. P(x <...
If x is a binomial random variable, use Table 2 in Appendix B to determine the probability of x for each of the following: a. n _ 10, x _ 8, p _ 0.3 b. n _ 8, x _ 7, p _ 0.95 c. n _ 15, x _ 3, p _...
If x is a binomial random variable, compute p(x) for each of the following cases: a. n = 5, x = 1, p = .2 b. n = 4, x = 2, q = .4 c. n = 3, x = 0, p = .7 d. n = 5, x = 3, p = .1 e. n = 4, x = 2, q =...
What must be the beta of a portfolio with E( rP ) = 18%, if rf = 6% and E (rM) = 14%?
Green Tee produces 100 percent cotton t-shirts, with the following standard direct material and labor quantities and costs: Direct material ......... 2.0 yards Ã $3.00 Direct labor ............
Isolation Company has a debt equity ratio of .80. Return on assets is 7.9 percent, and total equity is $480,000. What is the equity multiplier? Return on equity? Net income? Just Dew It Corporation...
Design a knowledge application system to support your business needs. Describe the type of system and the foundation technologies that you would use to develop such a system.
Determining cash flow from investing activities On January 1, 2011, Webber Company had a balance of $278,000 in its Land account. During 2011, Webber sold land that had cost $94,000 for $120,000...
Tompkins Company reports the following inventory record for November: Date November 1 November 4 INVENTORY Activity Beginning balance Purchase Sale (@ $59 per unit) Purchase Sale (@ $59 per unit) #...
Let X be a random variable with mean EX = . Define the function f() as Find the value of that minimizes f. f(a) = E[(X-a)].
Suppose that there are N different types of coupons. Each time you get a coupon, it is equally likely to be any of the N possible types. Let X be the number of coupons you will need to get before...
What is meant by the term double-entry procedure, or duality? lo5
For each of the following independent cases, fill in the missing amounts in the table: (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable.) Case Direct Labor...
All views expressed in this paper are those of the authors and do not necessarily represent the views of the Hellenic Observatory or the LSE George Alogoskoufis Greeces Sovereign Debt Crisis:...
Current Attempt in Progress Nash Company is constructing a building. Construction began on February 1 and was completed on December 31. Expenditures were $1,812,000 on March 1, $1,212,000 on June 1,...
See US Debt Clock and answer the following: (Hint: Take a screenshot of the Debt Clock) (2) A. What is the current US deficit and the total federal debt? (1) B What is the net interest...
GASB states that public colleges and universities are special purpose governmentsand therefore accountable to the citizenry (Hoyle, 2015). Furthermore, GASB found that for public colleges and...
The perfectly competitive model is not very useful for managers because very few markets in the U.S. economy are perfectly competitive." Do you agree with this statement? Explain. Regardless of...
Assume a simple Keynesian depression economy with a multiplier of 4 and an initial equilibrium income of $3,000. Saving and investment equal $400, and assume full employment income is $4,000. a. What...
Describe the basic cost flow equation and explain how it is used to reconcile costs to be accounted for with costs accounted for.
Describe the last two stages of the production process at Hershey.
How does a company determine the number of production cost reports to be prepared for each reporting period?
The Alberta Motor Association (the payor) carried on a business of training and providing instruction to individuals who wanted to obtain vehicle operators licences. Mr. Bourne (the appellant) had an...
At Becky's biscuit factory, manufacturing overhead is applied based on direct labor cost. At the beginning of 2018, Becky's cost accountant estimated the following information for the year: Total DM...
3. (6 pts) You initiated a transaction to purchase a 2.875% coupon 10-year U.S. Treasury Note on Wednesday 9/6/2018. The maturity date of the note is 5/15/2026 and its yield to maturity is 2.950%....

If X Binomial(n, p) find Var(X).

Question:

Step by Step Answer:

We know that we can write a Binomial np random variable ...View the full answer

Introduction To Probability Statistics And Random Processes

Students also viewed these Business questions