For the binomial distributions will the normal distribution be a good approximation if 1. n = 25,

Question:

For the binomial distributions will the normal distribution be a good approximation if

1. n = 25, p = 0.15?

2. n = 15, p = 0.4?

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...