Normal approximation to binomial probability

Assignment Help Basic Statistics
Reference no: EM13102333

(A) Find the binomial probability P(x = 5), where n = 13 and p = 0.70.

(B) Set up, without solving, the binomial probability P(x is at most 5) using probability notation.

(C) How would you find the normal approximation to the binomial probability P(x = 5) in part A? Please show how you would calculate µ and σ in the formula for the normal approximation to the binomial, and show the final formula you would use without going through all the calculations.

Reference no: EM13102333

Questions Cloud

Calculating probabilities of events : A city official has stated that 20% of the items sold by pawn shops within the city have been stolen. Ralph has just purchased 4 items from one of the city's pawn shops.
Computing probabilities of events : The Dept. of Labor has reported that 30% of the 2.1 million mathematical and computer scientists in the United States are women. If 3 individuals are randomly selected from this occupational group
Understanding z-scores-probabilities of obse : The amounts of money requested on home loan applications at Down River Federal Savings follow the normal distribution, with a mean of $70,000 and a standard deviation of $20,000.
Logical process of analysis to reshape outcome of situations : Did you follow the logical process of analysis based on suitable questions? Did your question direct your thoughts? Did those thoughts direct your actions?
Normal approximation to binomial probability : How would you find the normal approximation to the binomial probability P(x = 5) in part A? Please show how you would calculate µ and σ in the formula for the normal approximation to the binomial, and show the final formula you would use without g..
Illustrate what kind of advertising they have on internet : illustrate what kind of advertising they have on the internet and Explain how they address the two "I"s discussed in our chapter reading? 75 words references.
Understanding statistics-probabilities of observing events : Assume that company A makes 80% of all electrocardiograph machines, company B make 15% of them, and the company C makes the other 5%.
Which of the subsequent best explains john personality : ohn works as an associate manager in a consulting industry. He is liked by most of the employees because he is open, empathetic to their problems and very friendly. Which of the subsequent best Explains John's personality?
Impact of the fund freeze on the account holders : Securities Exchange Commission (SEC) was $22,500, with a standard deviation of $7,500. The SEC overseers want to draw a sample of 100 accounts to help assess the impact of the fund's freeze on the account holders.

Reviews

Write a Review

Basic Statistics Questions & Answers

  Computing probability of debt for randomly selected borrower

Compute the probability that debt for a randomly selected borrower with good credit is more than $18,000?

  Dependent and independent samples

What are differences between dependent and independent samples? Provide examples. What are the implications for determining the tests used to analyze data?

  Drawing column chart and pie chart for grade book

Draw a column chart from grade book.  Use column illustrating students' names; select one of the tests to plot.

  Conclude how woodco can maximize its revenue

Woodco manufactures tables and chairs. Each table and chair must be made entirely out of oak or entirely out of pine. A total of 150 board feet of oak and 210 board feet of pine are available.

  Estimating the mean-median and mode values

What is the arithmetic mean selling price?

  Conducting a test to see if machine is operating properly

A Patent Medicine Company supervisor assumes that the bottling machine is operating properly if only 5 percent of the processed bottles are not full. A random sample of 100 bottles had 7 bottles that weren't full. Using a significance level of .01..

  Analysis of exponential probability distribution

The time between arrivals of customers at the drive-up window of a bank follows an exponential probability distribution with a mean of 10 minutes.

  Create a data vector log

What effect has the transformation had on the lowest exam mark and what effect has the transformation had on the highest exam mark - STATS 201/8 Data Analysis

  Control limits for the number of non-conformities

Evaluate the performance of this decision.

  Estimating the population proportion

We wish to estimate the population proportion. We want to be 95 percent confident of our results and we want the estimate to be with .01 of the population parameter. No estimate of the population proportion is available. What value should we use f..

  Questions on correlation and regression

In this problem set you will get some practice performing a linear regression analysis. If you use Statdisk or Excel to perform any portion of these analyses, please include the results, label them, and refer to them accordingly in your interpreta..

  Regression analysis with prediction intervals

Describe the difference in the fit provided by the two estimated regression equations.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd