Even Though the Normal Probability Distribution Deals with Continuous Variables

question 148

True/False

Even though the normal probability distribution deals with continuous variables, we can use it to approximate the binomial whenever np > 5 and also nq > 5.

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A unit of volume measure used primarily for agricultural products, with the size varying by product.

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The allocation of resources, usually financial, in the expectation of generating an income or profit, including purchases of financial instruments or capital assets.

Interest Rate

The amount of a loan that is subject to interest charges for the borrower, often shown as a yearly percentage.

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