Variance of a binomial distribution is always ______ its mean.

CA Foundation · Quantitative Aptitude · MTP · April 2025
Variance of a binomial distribution is always ______ its mean.
(A) A. Equal to
(B) B. More than
(C) C. Less than
(D) D. None of these

Suggested Answer and Working Notes:

Correct Answer: Option (C)

C. Less than

Topics: Part-C: Statistics

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