Compute the mean of the binomial distribution.

Question

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Answer 1

Question

Chapter 5, Problem 61PS

a.

To determine

Compute the mean of the binomial distribution.

b.

To determine

Compute the standard deviation of the binomial distribution.

c.

To determine

Find the probability that none of the 20 consumers cited "deposit and withdrawal" as the type of complaint.

d.

To determine

Find the probability that no more than 2 of the consumers cited "deposit and withdrawal" as the type of complaint.

e.

To determine

Find the probability that 3 or more of the consumers cited "deposit and withdrawal" as the type of complaint.

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Answer 2

Question

Chapter 5, Problem 61PS

a.

To determine

Compute the mean of the binomial distribution.

b.

To determine

Compute the standard deviation of the binomial distribution.

c.

To determine

Find the probability that none of the 20 consumers cited "deposit and withdrawal" as the type of complaint.

d.

To determine

Find the probability that no more than 2 of the consumers cited "deposit and withdrawal" as the type of complaint.

e.

To determine

Find the probability that 3 or more of the consumers cited "deposit and withdrawal" as the type of complaint.

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Answer 3

Question

Chapter 5, Problem 61PS

a.

To determine

Compute the mean of the binomial distribution.

b.

To determine

Compute the standard deviation of the binomial distribution.

c.

To determine

Find the probability that none of the 20 consumers cited "deposit and withdrawal" as the type of complaint.

d.

To determine

Find the probability that no more than 2 of the consumers cited "deposit and withdrawal" as the type of complaint.

e.

To determine

Find the probability that 3 or more of the consumers cited "deposit and withdrawal" as the type of complaint.

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Answer 4

Question

Chapter 5, Problem 61PS

a.

To determine

Compute the mean of the binomial distribution.

b.

To determine

Compute the standard deviation of the binomial distribution.

c.

To determine

Find the probability that none of the 20 consumers cited "deposit and withdrawal" as the type of complaint.

d.

To determine

Find the probability that no more than 2 of the consumers cited "deposit and withdrawal" as the type of complaint.

e.

To determine

Find the probability that 3 or more of the consumers cited "deposit and withdrawal" as the type of complaint.

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Answer 5

Chapter 5, Problem 61PS

a.

To determine

Compute the mean of the binomial distribution.

b.

To determine

Compute the standard deviation of the binomial distribution.

c.

To determine

Find the probability that none of the 20 consumers cited "deposit and withdrawal" as the type of complaint.

d.

To determine

Find the probability that no more than 2 of the consumers cited "deposit and withdrawal" as the type of complaint.

e.

To determine

Find the probability that 3 or more of the consumers cited "deposit and withdrawal" as the type of complaint.

Answer 6

Chapter 5, Problem 61PS

a.

To determine

Compute the mean of the binomial distribution.

Answer 7

Chapter 5, Problem 61PS

a.

To determine

Compute the mean of the binomial distribution.

Answer 8

b.

To determine

Compute the standard deviation of the binomial distribution.

Answer 9

b.

To determine

Compute the standard deviation of the binomial distribution.

Answer 10

c.

To determine

Find the probability that none of the 20 consumers cited "deposit and withdrawal" as the type of complaint.

Answer 11

c.

To determine

Find the probability that none of the 20 consumers cited "deposit and withdrawal" as the type of complaint.

Answer 12

d.

To determine

Find the probability that no more than 2 of the consumers cited "deposit and withdrawal" as the type of complaint.

Answer 13

d.

To determine

Find the probability that no more than 2 of the consumers cited "deposit and withdrawal" as the type of complaint.

Answer 14

e.

To determine

Find the probability that 3 or more of the consumers cited "deposit and withdrawal" as the type of complaint.

Answer 15

e.

To determine

Find the probability that 3 or more of the consumers cited "deposit and withdrawal" as the type of complaint.

Answer 16

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Answer 17

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Answer 18

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Answer 19

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Compute the mean of the binomial distribution.

Solution Summary: The author calculates the mean of the binomial distribution. The required mean is 5.4, and the standard deviation is 1.9855.

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Compute the mean of the binomial distribution.

Compute the standard deviation of the binomial distribution.

Find the probability that none of the 20 consumers cited "deposit and withdrawal" as the type of complaint.

Find the probability that no more than 2 of the consumers cited "deposit and withdrawal" as the type of complaint.

Find the probability that 3 or more of the consumers cited "deposit and withdrawal" as the type of complaint.

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Chapter 5 Solutions