Use the normal approximation to the binomial distribution with n = 500 and p = .7. (a)
Question:
Use the normal approximation to the binomial distribution with n = 500 and p = .7.
(a) What is the probability that a value from the binomial distribution will have a value greater than 325?
(b) What is the probability that a value from the binomial distribution will have a value less than 325?
(c) What is the probability that a value from the binomial distribution will have a value between 325 and 375, inclusive?
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Step by Step Answer:
The normal approximation to the binomial distribution can be used when your sample size is large n30 ...View the full answer
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Ali Khawaja
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Related Book For 
Statistics For Business And Financial Economics
ISBN: 9781461458975
3rd Edition
Authors: Cheng Few Lee , John C Lee , Alice C Lee
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