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It is often stated that the Normal approximation to the Binomial Model should not be done when n is small, such as under 100. Using
It is often stated that the Normal approximation to the Binomial Model should not be done
when n is small, such as under 100. Using numerical examples to justify your answer, explain
why this is incorrect. While you do not have to use (or show screenshots of) the Binomial
Calculator, you may find that helpful in answering the question.
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