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(Solved): Consider a binomial random variable \( x \) with \( n=21 \) and \( \rho=0.6 \). Find the mean for t ...




Consider a binomial random variable \( x \) with \( n=21 \) and \( \rho=0.6 \).
Find the mean for the binomial random variabl
Consider a binomial random variable \( x \) with \( n=21 \) and \( \rho=0.6 \). Find the mean for the binomial random variable \( x \). Find the standard deviation for the binomial random variable \( x \). (Round your answer to three decimal places.) Use the correction for continuity and approximate \( P(x>8) \) using the normal approximation. (Round your answer to four decimal places.) \[ P(x>8)= \] You may need to use the appropriate appendix table to answer this question.


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Using binomial distribution function P(X=x)=nCxpx(1?p)
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