The mean and variance of binomial distribution are 15 and 2 respectively find the value of n and p
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p = 13/15 and n= 225/13
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Given that binomial distribution mean=15, variance=2, find n& p?
Explanation:
- binomial distribution mean, np=15 and variance, npq=2
- np(1-p) =2
- ⇒15(1-p) =2
- ⇒(1-p) =2/15
- ∴p = 13/15
- ⇒n ×(13/15) =15
- ∴n =225/13
- Value of n and p are 225/13 and 15.
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