The probability of a baby being born a boy is 0.512. Consider the problem of finding the

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The probability of a baby being born a boy is 0.512. Consider the problem of finding the probability of exactly 7 boys in 11 births. Solve that problem using
(1) normal approximation to the binomial using Table A-2;
(2) normal approximation to the binomial using technology instead of Table A-2;
(3) using technology with the binomial distribution instead of using a normal approximation. Compare the results. Given that the requirements for using the normal approximation are just barely met, are the approximations off by very much?
Distribution
The 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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Mathematical Interest Theory

ISBN: 9781470465681

3rd Edition

Authors: Leslie Jane, James Daniel, Federer Vaaler

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