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A coin is tossed 150 times. The probability of landing on tail is 3/5. Calculate the mean and variance of the number of tails.
Mathematics
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Step 1: Identify the distribution parameters.
Let be the number of times the coin lands on its tail. This is a binomial distribution with trials and probability of success (landing on tail) .
The mean of a binomial distribution is .
The variance of a binomial distribution is .
Calculate the mean and variance:
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