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For a binomial distribution, the mean is (15/4) and the variance is (15/16). The value of p is
  • a)
    1/2
  • b)
    15/16
  • c)
    1/4
  • d)
    3/4
Correct answer is option 'D'. Can you explain this answer?
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For a binomial distribution, the mean is (15/4) and the variance is (1...

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For a binomial distribution, the mean is (15/4) and the variance is (1...

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For a binomial distribution, the mean is (15/4) and the variance is (15/16). The value of p isa)1/2b)15/16c)1/4d)3/4Correct answer is option 'D'. Can you explain this answer?
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