a. Use a computer or calculator to list the binomial probabilities for the distribution where n =
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b. Use the results from part a to find P(x < 6).
c. Find the normal approximation for P(x < 6), and compare the results with those in part b.
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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