With n = 25 and p = 0.4, find P(more than 9). If the requirements of np
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If the requirements of np > 5 and nq > 5 are both satisfied, estimate the indicated probability by using the normal distribution as an approximation to the binomial distribution; if np < 5 or nq < 5, then state that the normal approximation should not be used.
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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