Question
1. 40 people work at Borg Tech, Inc. There are 25 parking spaces in the lot, and the probability that an employee drives to work
1. 40 people work at Borg Tech, Inc. There are 25 parking spaces in the lot, and the probability that an employee drives to work (and so needs a parking space) is 0.6, independent of other employees. (a) Use the Central Limit Theorem Approximation to estimate the probability that there won't be enough parking spaces. Do your calculation both with and without the "continuity correction." (b) The probability that there aren't enough spaces is actually 0.3174251. How do you think this was calculated? Compare your two approximations with this exact result.
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