Approximate Binomial Probabilities Using the Normal Distribution
-Assuming That All $P ( 12 \leq x \leq 15 )$

question 50

Multiple Choice

Approximate Binomial Probabilities Using the Normal Distribution
-Assuming that all conditions are met to approximate a binomial probability distribution with the standard normal distribution, then to compute $P ( 12 \leq x \leq 15 )$ from the binomial distribution we must compute _____as the normal approximation.

• A) \(\mathrm { P } ( 11.5 < \mathrm { x } < 15.5 )\)
• B) \(\mathrm { P } ( 12.5 < \mathrm { x } < 14.5 )\)
• C) \(\mathrm { P } ( \mathrm { x } > 15.5 )\) and \(\mathrm { P } ( \mathrm { x } < 11.5 )\)
• D) \(\mathrm { P } ( \mathrm { x } > 12.5 )\) and \(\mathrm { P } ( \mathrm { x } < 14.5 )\)

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Definitions:

Tradable Fishing Limit

A regulatory method, similar to ITQs, allowing holders to buy, sell, or lease fishing quotas, aiming at sustainable fishery management by limiting the total catch.

Total Allowable Catch (TAC)

A fishery management tool that sets a limit on the amount of a particular fish species that can be caught over a specified time period.

Catch Size

The quantity of fish or any other marine species that is caught within a particular period.