Answer on Question #46545 – Math – Statistics and Probability
Problem.
The random variable X has Binomial distribution with mean 4 and variance 2.4.
Find the parameters 'n' and 'p' and hence calculate the probability P[4∈X∈6].
Solution:
If the random variable X has Binomial distribution with parameters n and p. Then mean
E(X)=np and variance Var(X)=np(1−p). Hence 4=np and 2.4=np(1−p). Therefore 1−p=42.4=0.6 or p=0.4 and from 4=np we deduce n=10. Then
P(4≤X≤6)=P(4)+P(5)+P(6)=(410)0.440.66+(510)0.450.65+(510)0.460.64≈0.563
Answer: p=0.4,n=10,P(4≤X≤6)≈0.563.
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