The Normal Approximation to the Binomial Distribution Gets Better and Better

question 92

Short Answer

The normal approximation to the binomial distribution gets better and better as ____________________ increases.

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Definitions:

Annual Dividend

The annual dividend is the total amount of dividends that a company pays to its shareholders in one fiscal year.

Indefinitely

For an unlimited or unspecified period of time, often used in the context of contracts or agreements.

Rate of Return

The increase or decrease in the value of an investment during a set timeframe, represented as a proportion of the investment's initial expense.

Dividends

Payments made by a corporation to its shareholder members, representing a distribution of the company's profits.