Question
If a baseball player's batting average is 0.320, find the probability that the player will get at most 26 hits at 100 hits at bat.
If a baseball player's batting average is 0.320, find the probability that the player will get at most 26 hits at 100 hits at bat. Use the normal approximation. Express your answer as a decimal. Round your answer to the nearest thousandth.
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An Introduction to the Mathematics of Financial Derivatives
Authors: Ali Hirsa, Salih N. Neftci
3rd edition
012384682X, 978-0123846822
