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OpenStudy (anonymous):
In a binomial distribution, the mean and the standard deviation were found to be 36 and 4.8 respectively. Find the parameters of binomial distribution.
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OpenStudy (anonymous):
Mean = np Standard Deviation = \(\sqrt{np(1-p)}\). n is the sample size, p is the probability of occurring, and 1 - p is the probability of not occurring. [Substitute mean and standard deviation to the system, then solve for n and p.]
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