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Infer p from variance and compare with the mean

The random variable X∼B(16,p)X\sim B(16,p) where p<0.5p<0.5. If the variance of XX is 3.36, find the value of pp. Find also the probability that XX is less than the mean.

CJC · Discussion · Question 5

The variance equation has two complementary roots; use the stated condition to choose one.

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