Answer:
The found values are:
μ = 8
σ = 2
Explanation:
Following data is given in the question:
p = 0.5
n = 16
Consider that it follows binomial distribution:
For binomial distribution, the mean is the product or probability 'p' and and the sample size 'n' :
μ = p · n
μ = 0.5 · 16
μ = 8
For binomial distribution, the standard deviation is the square root of product of sample size 'n' and the probabilities 'p' and 'q'.
σ = √(n·p·q)
where q = 1 - p = 1 - 0.5 = 0.5
σ = √(16 · 0.5 · 0.5)
σ = √4
σ = 2