Recall that for use of a normal distribution as an approximation to the binomial distribution, the conditions
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a. p = 0.1
b. p = 0.3
c. p = 0.5
d. p = 0.8
e. p = 0.9 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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