I solved for the mean and variance of a binomial distribution, fairly straightforward. Again, it is easy to mathematically see that the mean is always greater than the variance. What does this mean intuitively? What advantage do you derive from this fact? It just can't be purposelessly lying out there?
2026-03-29 20:38:51.1774816731
What implication/intuitive understanding can one derive from the fact that the mean is greater than the variance in a binomial distribution?
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