(S 6.2) A series of n independent trials are run for a Binomial Process with probability of success p. If the mean is fo
Posted: Mon Jul 11, 2022 11:26 am
(S 6.2) A series of n independent trials are run for a Binomial Process with probability of success p. If the mean is found to be 2.5 and the variance is 1.2, what is p? (Please answer to 3 decimals of accuracy - compare the formulas and use some algebra.) Number