A Required Condition for Using the Normal Approximation to the Binomial

question 77

True/False

A required condition for using the normal approximation to the binomial in testing the difference between two population proportions is that n₁p₁ $\ge$ 30 and n₂p₂ $\ge$ 30.

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Definitions:

Consumer Preferences

The subjective tastes and desires influencing the buying behavior of individuals or groups when choosing among alternative products or services.

Touch Point

Any interaction or point of contact between a brand and its customers, covering a wide range of platforms, including physical and digital channels.

Customer Satisfaction

An evaluation of the extent to which a company’s products or services exceed or satisfy the anticipations of its customers.

Order Cycle Time

The total time from when a customer places an order until the product is delivered, encompassing processing, production, and shipping stages.