Discrete Random Variables (DRV)

Discrete Random Variables (DRV)

Given that \(X\sim\text{B}\hspace{0.1em}(n,p)\) and \(\frac{6}{5}\text{Var}\hspace{0.1em}(X)=\text{E}\hspace{0.1em}(X)\), find the least value of \(n\) such that \(P(\text{X}\ge 1)>0.995\).

Solution:

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Answer:\(n=30\)

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