Question: The normal distribution can be used to approximate the binomial distribution when n p and n q are both greater than or equal

The normal distribution can be used to approximate the binomial distribution when n · p and n · q are both greater than or equal to ________ .

Step by Step Solution

★★★★★

3.26 Rating (152 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

To ensure this the quantities np and nq must both be gr... 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 Elementary Statistics A Step By Step Approach Questions!

Q:

When the number of trials, n, is large, binomial probability tables may not be available. Furthermore, if a computer is not available, hand calculations will be tedious. As an alternative, the...

Q:

When the number of trials, n, is large, binomial probability tables may not be available. Furthermore, if a computer is not available, hand calculations will be tedious. As an alternative, the...

Q:

Decide whether you can use the normal distribution to appraximate the binomial distribution. If you can, use the normal distribution to approximale the indicated probabilities and skntch the use the...

Q:

Stanford University conducted a study of whether running is healthy for men and women over age 50. During the rst eight years 01 the study. 8.3% of the 548 members of the 50Plus Fitness Association...

Q:

Stanford University conducted a study of whether running is healthy for men and women over age 50. During the first eight years of the study, 6.9% of the 591 members of the 50-Plus Fitness...

Q:

Help Stanford University conducted a study of whether running is healthy for men and women over age 50. During the first eight years of the study, 2.4% of the 521 members of the 50-Plus Fitness...

Q:

Help Stanford University conducted a study of whether running is healthy for men and women over age 50. During the first eight years of the study, 5.5% of the 596 members of the 50-Plus Fitness...

Q:

b. Which distribution should you use for this problem? Explain your choice. (0.028) (0.972) x P' ~ N (0.028, 526 ) , since a normal distribution can be used to approximate a binomial distribution....

Q:

B myopenmath.com Part 1 of 4 For a binomial experiment with n = 116 and p = 0.24, we will use the normal approximation to the binomial distribution to find P(19 s x s 40). What is the value of np?...

Q:

ation.com/ext/map/index.html?_com-con&external browser palhunchUd http:$25 Tube Q Maps N Gmail ) Log In | Federal S. 14mmeducation com $25.Finghmiddleware%252Fmheprodu The mowerhubcam. Lumen OHM ....

Q:

Easton Company uses the periodic inventory system and had the following inventory & sales activity for the month of May 2019: Date Activity Quantity Unit Price 5/1 Beginning Inventory 120 $11 5/5...

Q:

The company has a cost of capital that ranges from: Rate Project risk 8% low 10% average 13% high risk The coefficient of variation NPV for the Average risk project is between .8 and 1.2 Create a...

Q:

A firm choosing to raise equity (stock) financing is choosing to avoid paying: Multiple choice question. interest and face value of bonds at maturity. the face value of the bond issue only. funds in...

Q:

3. Discuss the benefits of studying consumer behavior.

Q:

For each conjecture, state the null and alternative hypotheses. a. The average age of community college students is 24.6 years. b. The average income of accountants is $51,497. c. The average age of...

Q:

What is meant by a type I error? A type II error? How are they related?

Q:

Explain the difference between a one-tailed and a two-tailed test.

Q:

Management of Pharoah Mints, a confectioner, is considering purchasing a new jelly bean-making machine at a cost of $312,500. It projects that the cash flows from this investment will be $137,100 for...

Q:

5. Understanding the IRR and NPV The net present value (NPV) and internal rate of return (IRR) methods of investment analysis are interrelated and are sometimes used together to make capital...

Q:

done! b. If the cost of capital for this project is 9%, what is your estimate of the value of the new project? b. If the cost of capital for this project is 9%, what is your estimate of the value of...