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Approximate the following binomial probabilities by the use of normal approximation. Twenty percent of students who finish high school do not go to college. What is the probability that in a sample of 80 high school students
a.exactly 10 will not go to college?
b.70 or more will go to college?
c.fourteen or fewer will not go to college?
Sample Space
The set of all possible outcomes or events in a probability experiment.
Private Company
A business entity held under private ownership with shares that are not traded publicly on the stock market.
Valid Probability
A valid probability is a numerical value that accurately represents the chance of a specific event occurring, adhering to the probability rules (ranging from 0 to 1).
Even-numbered Roll
In probability, a term referring to the outcome of rolling a die where the result is an even number (e.g., 2, 4, or 6).
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