Solved

Consider a Binomial Random Variable X with N = 25

Question 152

Essay

Consider a binomial random variable x with n = 25 and p = 0.01. Would the normal approximation be appropriate here?
______________
Why or why not?
________________________________________________________

Correct Answer:

verifed

Verified

No; Because p is so small, the...

View Answer

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions