Check in each case whether the normal approximation to the binomial distribution may be used according to the rule of thumb on page 192 (a) n 16 and 0 20 (b) n 65 and 0 10 (c) n 120 and 0 98 ...

Check in each case whether the normal approximation to the binomial distribution may be used according to

Question:

Check in each case whether the normal approximation to the binomial may be used according to the rule of thumb on page 192.
(a) n = 16 and . = 0.20;
(b) n = 65 and . = 0.10;
(c) n = 120 and . = 0.98.
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...