Find the minimum usual value

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Reference no: EM131113399

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=240 p=0.25

Reference no: EM131113399

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