If Congress Fails to Pass a Budget Before the Fiscal

question 2

Multiple Choice

If Congress fails to pass a budget before the fiscal year starts, then federal agencies may continue to operate only if Congress has passed a:

• A) balanced budget amendment.
• B) deficit reduction plan.
• C) conference resolution.
• D) continuing resolution.

Calculate probabilities using the normal approximation to binomial distribution.

Determine when to apply continuity correction in normal approximation.

Understand the concept of continuous probability distribution and that its total area under the curve equals one.

Use normal distribution concepts to approximate binomial distributions in real-world scenarios.

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