Twelve percent of U.S. employees who are late for work blame oversleeping. You randomly select four U.S. employees who are late for work and ask them whether they blame oversleeping. The random variable represents the number of U.S employees who are late for work and blame oversleeping. Find the mean of the binomial distribution. u= (Round to the nearest hundredth as needed.) Find the variance of the binomial distribution. o = (Round to the nearest hundredth as needed.) Find the standard deviation of the binomial distribution. o=| (Round to the nearest hundredth as needed.) Interpret the results in the context of the real-life situation.

Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.