A requirement for using the normal distribution to approximate the distribution is that both np >

Question:

A requirement for using the normal distribution to approximate the  distribution is that both np > 5 and nq > 5. Since we usually do not know p, we estimate p by  and q by  = 1 - . Then we require that n > 5 and n > 5. Show that the conditions n > 5 and n > 5 are equivalent to the condition that out of n binomial trials, both the number of successes r and the number of failures n - r exceed 5. In the inequality n > 5, replace  by r/n and solve for r. In the inequality n > 5, replace  by (n – r)/n and solve for n - r.
Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Understanding Basic Statistics

ISBN: 9781111827021

6th Edition

Authors: Charles Henry Brase, Corrinne Pellillo Brase

Question Posted: