A binomial probability distribution has p = .20 and n = 100. a. What are the mean
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a. What are the mean and standard deviation?
b. Is this situation one in which binomial probabilities can be approximated by the normal probability distribution? Explain.
c. What is the probability of exactly 24 successes?
d. What is the probability of 18 to 22 successes?
e. What is the probability of 15 or fewer successes? 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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Statistics For Business And Economics
ISBN: 9780538481649
11th Edition
Authors: David R. Anderson, Dennis J. Sweeney, Thomas A. Williams
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