Question: 1. Why is it convenient to use a normal distribution to approximate a binomial distribution? Under what conditions is this approximation appropriate? 2. Explain why

1. Why is it convenient to use a normal distribution to approximate a binomial distribution? Under what conditions is this approximation appropriate?
2. Explain why and how we make a continuity correction when approximating a binomial distribution with a normal distribution.

Step by Step Solution

3.37 Rating (150 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

The normal distribution is commonly used to approximate a binomial distribution because it simplifies calculations and provides a close approximation ... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Business Statistics In Practice Questions!