Question: In Chapter 6, you will see that the normal distribution can sometimes be used to approximate the binomial distribution. This exercise is designed to illustrate
a. Consider a binomial distribution with n = 200 and p = 0.5.Calculate P(x ≤ 100).
b. What is the mean and standard deviation for the distribution you used in part a?
c. Using a normal distribution with the same mean and standard deviation you calculated in part b, calculate P(x ≤ 100).
d. Now calculate P(x ≤ 100.5) for the normal distribution. The extra 0.5 is added to provide a “continuity correction factor.”It compensates for the fact that the normal distribution is continuous (so P(x ≤ 100) = P(x < 100), for example), and the binomial distribution is not (P(x ≤ 100) ≠ P(x < 100)).How close are the binomial and normal probabilities now?
Step by Step Solution
3.36 Rating (159 Votes )
There are 3 Steps involved in it
a Px 100 n 200 p 05 052817424 from Excel b np 20005 100 c Px 100 normal distribution with 100 70... View full answer
Get step-by-step solutions from verified subject matter experts
Document Format (1 attachment)
487-S-J-P-D (364).docx
120 KBs Word File
