Question: Assume a binomial probability distribution has p = .50 and n = 150. a) What are the mean and standard deviation? b) Is this situation
Assume a binomial probability distribution has p = .50 and n = 150.
a) What are the mean and standard deviation?
b) Is this situation one in which binomial probabilities can be approximated by the normal probability distribution? Explain.
c) What is the probability of 65 to 75 successes?
d) What is the probability of 85 or more successes?
e) What is the advantage of using the normal probability distribution to approximate the binomial probabilities? Use part (d) to explain the advantage.
Assume a binomial probability distribution has p = .50 and n = 150.
Step by Step Solution
3.33 Rating (165 Votes )
There are 3 Steps involved in it
a Mean np 050 150 75 Variance npq 050050150 375 Standard deviation 612 b Yes This is because th... View full answer
Get step-by-step solutions from verified subject matter experts
Document Format (1 attachment)
68-B-F-F-M (366).docx
120 KBs Word File
