For a binomial process, the probability of success is 40 percent and the number of trials is 5. Find the variance.

1.2

Step-by-step explanation:

The variance of a binomial distribution is:

σ² = n p (1 - p)

where n is the number of trials and p is the probability of success.

Given n = 5 and p = 0.40:

σ² = 5 (0.40) (1 - 0.40)

σ² = 1.2