Question: Verify that we can use the normal approximation to the binomial distribution. What is the mean that we will use for this approximation? Do not
Verify that we can use the normal approximation to the binomial distribution. What is the mean that we will use for this approximation? Do not round.
A survey of recent first-time home buyers found that 45% of them plan to upgrade to a bigger housewithin 5 years. You randomly select 30 recent first-time home buyers and ask them whether they plan to upgradeto a bigger home within 5 years.
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