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If the Population Size Is at Least 20 Times Larger

question 51

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If the population size is at least 20 times larger than the sample size, a hypergeometric distribution can be approximated by the binomial distribution.


Definitions:

Primarily Rental

A classification for a property used mainly for rental purposes, affecting tax treatment and deductions.

Plumbing Repair

Refers to the services and actions taken to fix, maintain, or install water, gas, and sewage systems in residential or commercial properties.

Rental Income

Revenue generated by leasing property or equipment.

Primarily Rental

Pertaining to the use of property mainly for rental purposes, which may affect the tax treatment of income and expenses related to the property.

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