What type of distribution does the binomial distribution approximate?

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What type of distribution does the binomial distribution approximate?
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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Understandable Statistics Concepts And Methods

ISBN: 9780618986927

9th Edition

Authors: Charles Henry Brase, Corrinne Pellillo Brase

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