For large n (say, n = 100), why is it advantageous to use the normal distribution to
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For large n (say, n = 100), why is it advantageous to use the normal distribution to approximate a binomial probability?
DistributionThe 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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When n is large a normal probability distribution may be u...View the full answer
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