The Normal Approximation for Binomial Distribution Can Be Used When

question 65

True/False

The normal approximation for binomial distribution can be used when n=10 and p=1/5.

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Inventory

The goods and materials that a business holds for the ultimate purpose of resale or production.

Accounts Payable

Refers to the amounts due by a company to its creditors for goods or services received that have not yet been paid for.

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Transactions and other events related to the core business functions of an entity, generally involving the production, sales, and delivery of goods and services.