When should the normal distribution be used as an approximation to the binomial distribution?

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When should the normal distribution be used as an approximation to the binomial distribution?

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...
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Introductory Statistics For The Behavioral Sciences

ISBN: 9780470907764

7th Edition

Authors: Joan Welkowitz, Barry H. Cohen, R. Brooke Lea

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