(Solution) - In Exercise 5 15 the mean and standard deviation for a -(2025 Original AI-Free Solution)

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Academic Level: Undergrad. (yrs 3-4)

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In Exercise 5.15, the mean and standard deviation for a binomial random variable were calculated for a fixed sample size, n = 100, and for different values of p. Graph the values of the standard deviation for the five values of p given in Exercise 5.15. For what value of p does the standard deviation seem to be a maximum?