Use the binomial approximation to the hypergeometric distribution to approximate the probabilities in Exercise 3-92. What is

Question:

Use the binomial approximation to the hypergeometric to approximate the probabilities in Exercise 3-92. What is the finite population correction in this exercise? 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...