Estimate the Indicated Probability by Using the Normal Distribution as an Approximation

question 162

Multiple Choice

Estimate the indicated probability by using the normal distribution as an approximation to the binomial distribution.
- $\text { With } n = 18 \text { and } p = 0.30 \text {, estimate } \mathrm { P } ( 6 ) \text {. }$

• A) 0.1015
• B) 0.8513
• C) 0.1239
• D) 0.1958

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A legally enforceable claim that arises out of a contract, allowing the holder to demand performance or compensation.

AASB 132

The Australian Accounting Standards Board standard relating to financial instruments, covering the presentation, classification, and disclosures of financial instruments.

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