Random samples of size n 75 were selected from a binomial population with p 4 Use the normal distribution to approximate the following probabilities a P( 43) b P( 35 43) ...

a b Since p is approximately normal w ...

Random samples of size n = 75 were selected from a binomial population with p = .4.

Question:

Random samples of size n = 75 were selected from a binomial population with p = .4. Use the normal to approximate the following probabilities:
a. P( ≤ .43)
b. P(.35 ≤ ≤ .43) 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...