Given a random sample size of n = 1, 600 from a binomial probability distribution with P

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Given a random sample size of n = 1, 600 from a binomial probability distribution with P = 0.40, do the following:
a. Find the probability that the number of successes is greater than 1,650.
b. Find the probability that the number of successes is fewer than 1,530.
c. Find the probability that the number of successes is between 1,550 and 1,650.
d. With probability 0.09, the number of successes is fewer than how many?
e. With probability 0.20, the number of successes is greater than how many? 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...
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Statistics For Business And Economics

ISBN: 9780132745659

8th Edition

Authors: Paul Newbold, William Carlson, Betty Thorne

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