Examlex
Based on your answer to Q14, which factors will be retained?
Binomial Random Variable
A type of random variable that represents the number of successes in a sequence of n independent experiments.
Normal Approximation
A method used in statistics to approximate a binomial distribution with a normal distribution when the sample size is large and the probability of success is not too close to 0 or 1.
Cumulative Binomial Probabilities
The sum of probabilities of achieving a given number of successes in a fixed number of Bernoulli trials.
Relative Frequency
The ratio of the number of times a specific value or event occurs to the total number of occurrences in a given dataset.
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