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A2 Statistics Help

I need some help for this Sampling question please.

A random sample of 2n observations is taken of the random variable X~B(n,p) and p>0.5. The sample mean is denoted by Xbar. It is given that Var (Xbar) = 0.08 and E(Xbar) = 64.

a) Find the values of p and n.

I have used np = 64 and npq/2n = 0.08. My answers are n= 76 and p = 0.84. However, the textbook answers are n = 80 and p = 0.8.
Original post by VTan
I need some help for this Sampling question please.

A random sample of 2n observations is taken of the random variable X~B(n,p) and p>0.5. The sample mean is denoted by Xbar. It is given that Var (Xbar) = 0.08 and E(Xbar) = 64.

a) Find the values of p and n.

I have used np = 64 and npq/2n = 0.08. My answers are n= 76 and p = 0.84. However, the textbook answers are n = 80 and p = 0.8.


you can make two equations;

(1);np=64 \displaystyle (1); \quad np = 64

(2);np(1p)2n=0.08 \displaystyle (2); \quad \frac{np(1-p)}{2n} = 0.08

From(1);p=64n \displaystyle \text{From}\: (1); p = \frac{64}{n}

sub the info from first line and third line into (2) and solve for n (quadratic), only one value is valid due to restrictions on p

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