For the Normal Approximation to the Binomial Distribution with P

question 52

Multiple Choice

For the normal approximation to the binomial distribution with p = ½ and n = 100, what is the z-score corresponding to X = 60?

• A)z = 10/25
• B)z = 10/5
• C)z = 5/25
• D)z = 5/5

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Definitions:

Intra-entity Gross Profit

The profit made on transactions within the same company or between subsidiaries under the same parent company not yet realized outside the entity.

Equity Method

The Equity Method is an accounting technique used to record investments in associate companies, where the investment's carrying value is adjusted to recognize the investor's share of the associates' profits or losses.