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Question: Answered & Verified by Expert
Consider the following statement:
"The mean of a binomial distribution is 3 and variance is $4 . "$ Which of the following is correct regarding this statement?
MathematicsProbabilityNDANDA 2006 (Phase 2)
Options:
  • A It is always true
  • B It is sometimes true
  • C It is never true
  • D No conclusion can be drawn
Solution:
1414 Upvotes Verified Answer
The correct answer is: It is never true
Given, that $\mathrm{np}=3$ and $\mathrm{npq}=4$ where $\mathrm{p}$ is the probability of success in one trial and $\mathrm{q}$ is the probability of failure and $\mathrm{n}$ is the number of trials
$\Rightarrow q=\frac{4}{3}$
and this is not possible. Thus, the given statement is never true.

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