The variance of a binomial distribution can be calculated using the formula:
Variance (σ²) = n * p * (1 – p)
In this case, we have:
- n = 100 (the number of trials)
- p = 0.20 (the probability of success on each trial)
Now, we can substitute the values into the formula:
Variance = 100 * 0.20 * (1 - 0.20)
= 100 * 0.20 * 0.80
= 100 * 0.16
= 16
Therefore, the variance of the binomial distribution is 16.