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Suppose that x has a binomial distribution with n = 200 and p = .4. a. Show that the normal approximation to the binomial can appropriately be used to calculate probabilities about x. b. Make continuity corrections for each of

Suppose that x has a binomial distribution with n = 200 and p = .4.

a. Show that the normal approximation to the binomial can appropriately be used to calculate probabilities about x.

b. Make continuity corrections for each of the following, and then use the normal approximation to the binomial to find each probability:

(1) P(x = 80)

(2) P(x ≤ 95)

(3) P(x < 65)

(4) P(x ≥ 100)

(5) P(x > 100)

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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a np 200 4 80 and n 1 p 200 6 120 so both np and n 1 p are 5 b np 200 …View the full answer


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Essentials Of Business Statistics

Essentials Of Business Statistics

ISBN: 9780078020537

5th Edition

Authors: Bruce Bowerman, Richard Connell, Emily Murphree, Burdeane Or

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Posted Date: May 28, 2015 10:29:17
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