For a binomial probability distribution, n = 20 and p = .60. a. Find the probability P(x
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a. Find the probability P(x 14) by using the table of binomial probabilities (Table I of Appendix C).
b. Find the probability P(x = 14) by using the normal distribution as an approximation to the binomial distribution. What is the difference between this approximation and the exact probability calculated in part a? 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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