With n = 50 guesses and p = 0.2 for a correct answer, find P(exactly 12 correct
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If the requirements of np ≥ 5 and nq ≥ 5 are both satisfied, estimate the indicated probability by using the normal distribution as an approximation to the binomial distribution; if np < 5 or nq < 5, then state that the normal approximation should not be used.
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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Related Book For
Mathematical Interest Theory
ISBN: 9781470465681
3rd Edition
Authors: Leslie Jane, James Daniel, Federer Vaaler
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