Consider a binomial experiment with 20 trials and probability 0 45 of success on a single trial (a) Use the binomial distribution to find the probability of exactly 10 successes (b) Use the normal distribution to approximate the probability of exactly 10 successes (c) Compare the results of parts (...

a Using Table 2 in the Appendix ...

Consider a binomial experiment with 20 trials and probability 0.45 of success on a single trial. (a)

Question:

Consider a binomial experiment with 20 trials and probability 0.45 of success on a single trial.
(a) Use the binomial to find the probability of exactly 10 successes.
(b) Use the normal to approximate the probability of exactly 10 successes.
(c) Compare the results of parts (a) and (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...