Question: What are the mean and standard deviation of a binomial experiment that occurs with probability of success 0.76 and is repeated 150 times?
A: 114, 27.35
B: 100.5, 5.23
C: 114, 5.23
D: The mean is 114, but there is not enough information given to determine the standard deviation.
Please eliminate two incorrect options first, then think it step by step and choose the most proper one option. In your response, include at most 2 words that are fully capitalized to emphasize key points.
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