Find the mean and standard deviation

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Assume that a procedure yields a binomial distribution with n trials and the probability of success for one trial is p. Use the given values of n and p to find the mean μ and standard deviation σ. Also, use the range rule of thumb to find the minimum usual value μ-2σ and the maximum usual value μ+2σ.

N = 1582 p = 1/2

μ =_________________

σ = __________________ (Round to one decimal place as needed.)

μ-2σ =__________________ (Round to one decimal place as needed.)

μ+2σ =____________________Round to one decimal place as needed

Reference no: EM13915509

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