A binomial distribution with n number of trials,and probability of success p can be approximated well by a normal distribution with mean np and variance
Correct Answer:
Verified
Q5: The Poisson distribution is characterized by
Q9: Much of the study of probabilistic inventory
Q10: The variance of a binomial distribution
Q16: The Poisson random variable is a discrete
Q23: Using the standard normal distribution,the Z-score representing
Q43: The number of loan defaults per month
Q49: For a given probability of success p
Q51: The binomial distribution is a continuous distribution
Q53: The binomial random variable represents the number
Q54: A random variable X is normally distributed
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents