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What is the value of µ for the normal approximation to the binomial distribution with n = 72 and p = 1/3?
Interest Rate
The proportion of a loan that is charged as interest to the borrower, typically expressed as an annual percentage of the loan outstanding.
State Involved
Refers to the participation or intervention of governmental authorities in a particular matter or issue.
Regulation of Gambling
Laws and rules established to govern, control, and oversee gambling activities, ensuring fairness and preventing illegal activities.
50 States
Refers to the constituent political entities that make up the United States of America, each having its own government and sovereignty under the federal system.
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