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Estimate the indicated probability by using the normal distribution as an approximation to the binomial distribution.
-Estimate the probability of getting exactly 43 boys in 90 births.
Borrowed
The act of obtaining or receiving funds or goods with the promise or understanding of returning or repaying the lender at a later date, usually with interest.
Interest Rate
The proportion, in a percentage, at which interest is paid by borrowers for the use of money that they borrow from a lender. It is a critical component of the credit markets.
Years
A unit of time equal to 365 days (or 366 days in a leap year), used in calendar timekeeping.
Present Value
The value right now of a sum of money expected in the future or a sequence of cash inflows, factoring in a specific rate of return.
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