Essentials of Statistics (5th Edition)

Published by Pearson
ISBN 10: 0-32192-459-2
ISBN 13: 978-0-32192-459-9

Chapter 5 - Discrete Probability Distributions - 5-4 Parameters for Binomial Distributions - Page 226: 1

Answer

n:number of trials, p:probability of success, q:probability of failure.

Work Step by Step

n could be the number of trials (here 270), p could be the probability of success (here 7%=0.07), whilst q could be the probability of failure (q=1-p=0.93).
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