Answer:
[tex]Var= 2.64[/tex]
Step-by-step explanation:
Given
[tex]p = 60\%[/tex] ---Proportion
[tex]n = 11[/tex] --- Sample Size
Required
Determine the variance
Variance (Var) is calculated as follows;
[tex]Var= np(1 - p)[/tex]
Substitute values for n and p
[tex]Var= 11 * 60\% * (1 - 60\%)[/tex]
Convert percentage to decimal
[tex]Var= 11 * 0.60 * (1 - 0.60)[/tex]
[tex]Var= 11 * 0.60 * 0.40[/tex]
[tex]Var= 2.64[/tex]
Hence, the variance is 2.64