The mean and variance of a binomial distribution are and . The parameter is
Explanation for the correct option.
Step 1: Find the probability of success and probability of failure.
Assume that, be the probability of success and be the probability of failure.
Therefore, .
Also, the mean of a binomial distribution is given by and variance of a binomial distribution is given by .
Since, the mean of the given binomial is .
Therefore, .
Since, the variance of the given binomial is .
From equation and .
Therefore, the probability of failure is .
From equation .
Therefore, the probability of success is .
Step 2: Find the parameter .
Find the value of parameter .
Since, the probability of success is .
From equation , we get
Therefore, the value of parameter is .
Hence, option is the correct answer.