Sixty percent of the managers who enroll in a special training program will successfully complete the program.
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Sixty percent of the managers who enroll in a special training program will successfully complete the program. If a large company sends 328 of its managers to enroll in the program, what is the probability that at least 200 of them will pass?
Use a normal distribution to compute the required probabilities also state the assumptions necessary for a binomial distribution, and indicate whether the assumptions are reasonable.
DistributionThe 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
Complete Business Statistics
ISBN: 9780077239695
7th Edition
Authors: Amir Aczel, Jayavel Sounderpandian
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