If the difference between mean and variance of a Binomial distribution is 1 and the difference of their squares is 5, then the probability of success is
If the difference between mean and variance of a Binomial distribution is 1 and the difference of their squares is 5, then the probability of success is
Solution
For a Binomial distribution:
Mean
Variance
where is the number of trials, is the probability of success, and .
Given conditions:
Mean - Variance ... (i)
Mean² - Variance² ... (ii)
Using the algebraic identity on condition (ii):
Mean² - Variance² Mean VarianceMean Variance
Mean Variance
Mean Variance ... (iii)
From equations (i) and (iii):
Mean - Variance
Mean + Variance
Adding these equations:
Mean
Mean
Subtracting equation (i) from (iii):
Variance
Variance
Using the relationship between mean and variance:
Therefore, the probability of success is .
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