The random variable X is a binomial random variable with n=14 and p=0.7. What is the expected value of X? Do not round your answer.
SOLUTION:
From given data,
The random variable X is a binomial random variable with n=14 and p=0.7. What is the expected value of X
random sample size = n = 14
random proportion = p = 0.7
We know that,
If X Bin (n,p)
PMF is
, x = 0,1,2,...,n
Where ,
Expected value of X
Expected value is E(X) = n*p
= 14 * 0.7
= 9.8
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