Answer :
The standard deviation is a statistic that expresses how much variance or dispersion there is in a group of numbers. While a high standard deviation suggests that the values are dispersed throughout a wider range, a low standard deviation suggests that the values tend to be close to the established mean.
How to calculate the probability distribution's mean: Steps
- change every percentage to a decimal probability.
- Create a probability distribution table in step two.
- Multiply each column's values.
- Combine the outcomes from step 3.
A specific genetic mutation affects 4% of the population. 300 persons are chosen at random. Find the standard deviation for the proportion of the 300 groups who have the genetic mutation.
Standard deviation is calculated as follows: 0.04 * 0.93/300 * sqrt(p*(1-p)/n) (0.000124).
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