A value of 0.5 that is added to and/or subtracted from a value of x when the continuous normal distribution is used to approximate the discrete binomial distribution is called
A) probability density factor.
B) continuity correction factor.
C) factor of conversion.
D) continuity approximation factor.

Question

Quizplus · Accepted Answer

The value of 0.5 added to and/or subtracted from a value of x when using the normal distribution as an approximation for the binomial distribution is called the continuity correction factor. It helps to account for the fact that the binomial distribution is discrete while the normal distribution is continuous. This adjustment improves the accuracy of the approximation.

A Value of 0