Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Use the normal distribution to estimate the probability of 50 successes for a binomial distribution with n = 76 and the probability of success p=0.7.Do

Use the normal distribution to estimate the probability of 50 successes for a binomial distribution with n = 76 and the probability of success p=0.7.Do NOT use the binomial distribution but use normal approximation to binomial distribution. Round to four decimal places.

  • 0.0754
  • 0.0756
  • 0.0783
  • 0.0724

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Strategic Management

Authors: Frank Rothaermel

6th Edition

1265951500, 9781265951504

Students also viewed these Mathematics questions