The mean of a binomial distribution is 4 and the variance is 3.2. If p < 0.5, find the value of p.
CA Foundation · Quantitative Aptitude · PYQS · May 2026
The mean of a binomial distribution is 4 and the variance is 3.2. If p < 0.5, find the value of p.
Suggested Answer and Working Notes:
Correct Answer: Option (A)
A. 0.2
Topics: Part-C: Statistics
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