i. A continuity correction compensates for estimating a discrete distribution with a continuous distribution.
Ii) The normal probability distribution is generally deemed a good approximation for the binomial probability distribution when np and n(1 - p) are both greater than five.
Iii) When a continuity correction factor is used, its value is 0.5.
A) (i) , (ii) and (iii) are all correct statements
B) (i) is a correct statement but not (ii) or (iii) .
C) (i) and, (iii) are correct statements but not (ii) .
D) (i) and, (ii) are correct statements but not (iii) .
E) All statements are false
Correct Answer:
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