Binomial distribution an official from the securities, Ask an Expert

Economics

Binomial Distribution. An official from the securities commission estimates that 75% of all online bankers have profited from the use of insider information. Assume that 15 online bankers are selected at random from the commission's registry.

What is the mean number of online bankers who have profited from the use of insider information?

Find the variance of the number of online bankers who have profited from the use of insider information.

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Macroeconomics, Economics

Category:- Macroeconomics
Reference No.:- M9678240

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