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Statement of a problem № m40527

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About 14% of U.S. drivers are uninsured. You randomly select eight U.S. drivers and ask them whether they are uninsured. The random variable represents the number of U.S. drivers who are uninsured. Find the (a) Mean, (b) Variance, (c) Standard deviation of the binomial distribution for the given random variable, (d) Interpret the results.




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