Let X Be a Binomial Random Variable with N =

question 65

Essay

Let X be a binomial random variable with n = 100 and p = 0.7.Approximate the following probabilities,using the normal distribution.
a.P(X = 75)
b.P(X ≤ 70)
c.P(X > 70)

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Definitions:

Rightful Owner

A person or entity that legally possesses property or title.

Constructive Trust

A legal remedy imposed by a court to prevent unjust enrichment by transferring property from the person who unjustly benefits to the rightful owner.

Settlor

The individual who creates a trust by legally transferring assets into it, setting the terms for its management and distribution.

Revoke

To take back or withdraw an offer, right, or privilege.