suppose x is binomially distributed with parameter n and p if E(x)=5 AND VAR(x)=4 find n&p
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Concept:
Mean = np
Variance = npq
Here,
n is number of trials
p is probability of success
q is probability of failure
See the attachment for detailed solution
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Given:
E ( x ) = 5
Var ( x ) = 4
To find:
The values of n and p
Solution:
E ( x ) is the mean.
Hence,
By formula,
Mean = n * p
n * p = 5
Variance = n * p * q
n * p * q = 4
Substituting,
5 * q = 4
q = 4 / 5
We know that,
p + q = 1
p + 4 / 5 = 1
p = 1 - 4 / 5
Hence,
p = 1 / 5
1 / 5 * q = 5
q = 5 * 5
Hence,
q = 25
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