In a recent survey, 60% of the community favored building a supermarket in their neighborhood. If 25 citizens are chosen, what is the variance of the number favoring the supermarket?

Answers

Answer 1

The variance of the number of citizens favoring the supermarket is 6.

To find the variance of the number of citizens favoring the supermarket, we need to use the binomial distribution formula:

Variance = n × p × (1 - p)

where n is the number of trials (25 in this case), p is the probability of success (0.6 in this case), and (1 - p) is the probability of failure.

Plugging in the values, we get:

Variance = 25 × 0.6 × (1 - 0.6)

Variance = 25 × 0.6 × 0.4

Variance = 6

The binomial distribution is a probability distribution that models the number of successes in a fixed number of independent trials, where each trial has only two possible outcomes, success or failure. In this case, the trials are the 25 citizens who were chosen, and the success is the event of favoring the supermarket, which has a probability of 0.6.

To learn more about variance follow the link:

https://brainly.com/question/14116780

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