It is estimated that 30% of households own a riding lawn mower. A sample of 17 households is studied. What is the standard deviation of households who own a riding mower. Round to the nearest hundreths. (Hint: Binomial)

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Answer:

1.89 is the standard deviation of households who own a riding mower

Step-by-step explanation:

Let the random variable X denote the number of households owning a riding lawn mower. From the given information, X will be a Binomial random variable with parameters; n = 17 and  p = 30% = 0.3

The standard deviation of X;

[tex]\sqrt{n*p*(1-p)}[/tex]

[tex]\sqrt{17*0.3*(1-0.3)} =1.89[/tex]