Binomial mean and standard deviation formulas

Let's use what we've learned about combining random variables to create the mean and standard deviation formulas for a binomial random variable.

Mean and variance of Bernoulli distribution example

Bernoulli distribution mean and variance formulas

Expected value of a binomial variable

Variance of a binomial variable

Finding the mean and standard deviation of a binomial random variable

Mean and standard deviation of a binomial random variable