To Use the Normal Distribution to Approximate the Binomial Distribution

question 164

Short Answer

To use the normal distribution to approximate the binomial distribution, we need ________ and ________ to be at least 5.

---

Definitions:

Management

The process of dealing with or controlling things or people, often within an organizational context.

Limited Liability Company

A blend of organizational structures that offers the tax efficiencies of a partnership or sole proprietorship alongside the minimized personal financial risk characteristic of a corporation.

Business Organization

A legal entity formed to conduct business, such as a corporation, partnership, or sole proprietorship.

Wyoming

A state in the western United States known for its wide-open spaces, mountains, and national parks.