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When N Is Reasonably Large and P Isn't Too Close

question 13

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When n is reasonably large and p isn't too close to 0 or 1,the binomial distribution can be well approximated by which of the following distributions


Definitions:

Florist Shop

A retail outlet specializing in selling flowers and related products, often including the arrangement and delivery of floral bouquets.

Competition

Competition in business refers to the rivalry among companies operating in the same industry for market share, customers, and profits by offering better products, prices, or services.

Supply Chain

The linked set of companies that perform or support the delivery of a company’s goods or services to customers.

Logistics

That part of supply chain management that plans, implements, and controls the flow of goods, services, and information between the point of origin and the final customer.

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