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Binomial Random Variable
A type of random variable that counts the number of successes in a fixed number of independent trials with the same probability of success.
Normal Approximation
A technique used to approximate discrete probability distributions with a normal distribution when certain conditions are met.
Sampling Distribution
The probability distribution of a given statistic based on a large number of samples drawn from a specific population, used to estimate population parameters.
Sample Proportion
The sample proportion is a statistic that estimates the proportion of elements in a population that have a certain characteristic, based on a sample from that population.
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