Consider a binomial distribution of 200 trials with expected value 80 and standard deviation of about 6.9.
Question:
(a) Would it be unusual to have more than 120 successes out of 200 trials? Explain.
(b) Would it be unusual to have fewer than 40 successes out of 200 trials? Explain.
(c) Would it be unusual to have from 70 to 90 successes out of 200 trials? Explain.
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
Understanding Basic Statistics
ISBN: 9781111827021
6th Edition
Authors: Charles Henry Brase, Corrinne Pellillo Brase
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