Use the Normal Approximation to the Binomial Distribution to Answer

question 109

Multiple Choice

Use the normal approximation to the binomial distribution to answer this question. Eleven percent of all students at a large university are absent on Mondays. If a random sample of 12 names is called on a Monday, what is the probability that four students are absent?

• A) 0.0285
• B) 0.9935
• C) 0.0065
• D) 0.9715

Describe operant conditioning and its key components.

Understand the concept of intrinsic value in both put and call option contracts.

Calculate the net profit or loss on various option investments.

Understand and calculate the conversion value of convertible bonds.

---

Definitions:

Behaviour Therapy

A type of psychotherapy that focuses on modifying harmful behaviors through the use of learning techniques, such as reinforcement and conditioning.

Insight Therapy

A form of psychotherapy aimed at increasing a patient's awareness of underlying motivations and behaviors.

Group Therapy

A form of psychotherapy where a small, structured group of people meet under the guidance of a trained therapist to discuss and explore their issues.

Atypical Antipsychotic Drugs

Medications used to treat psychiatric conditions, which differ from traditional antipsychotics in their chemical structure and side effects.