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    Business Analytics Data Study Set 2
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    Exam 5: Normal, Binomial, Poisson, and Exponential Distributions
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    A Binomial Distribution with N Number of Trials, and Probability
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A Binomial Distribution with N Number of Trials, and Probability

Question 48

Question 48

True/False

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 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   if np > 5 and n(1-p) > 5. if np > 5 and n(1-p) > 5.

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