Approximate Binomial Probabilities Using the Normal Distribution

question 103

Short Answer

Approximate Binomial Probabilities Using the Normal Distribution
-A local rental car agency has 200 cars. The rental rate for the winter months is 60%. Find the probability that in a given winter month at least 140 cars will be rented. Use the normal distribution to approximate the binomial distribution.

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Definitions:

Sellers Themselves

The individuals or entities directly involved in offering goods or services for sale, without intermediaries.

Working Together

The act of cooperating or collaborating with others towards a common goal or project.

Less Important

Refers to elements or aspects deemed as having lower priority or significance than others in a specific context.

Many Goals

The presence of multiple objectives or aims that an individual or organization seeks to achieve.