Examlex

Solved

Approximate Binomial Probabilities Using the Normal Distribution

question 51

Essay

Approximate Binomial Probabilities Using the Normal Distribution
-In a recent survey, 84% of the community favored building more parks in their neighborhood. You randomly select 18 citizens and ask each if he or she thinks the community needs more parks. Decide whether you can use the normal distribution to approximate the binomial distribution. If so, find the mean and standard deviation. If not, explain why.


Definitions:

Ethical

Related to moral principles or the branch of knowledge dealing with these.

Liquidated Debt

A debt where the amount owed is known and determined, not subject to future conditions.

Unliquidated Debt

A debt that has not been determined or calculated because the exact amount owed may not be known.

Consideration

The value (monetary, goods, services, promise) that is given by both parties in a contract, making the agreement legally binding.

Related Questions