Check in each case whether the condition for the binomial approximation to the hypergeometric distribution is satisfied:

Question:

Check in each case whether the condition for the binomial approximation to the hypergeometric is satisfied:
(a) N = 200 and n = 12;
(b) N = 500 and n = 20;
(c) N = 640 and n = 30.
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...