Probability: Binomial approximation to normal distribution.
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In a large university, 30% of the incoming first-year students elect to enroll in a personal finance course offered by the university. Find the probability that of 800 randomly selected incoming first-year students, at least 260 have elected to enroll in the course.
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Solution Summary
Finding probability of an event using binomial approximation to normal distribution.
Education
- BSc, University of Bucharest
- MSc, Ovidius
- MSc, Stony Brook
- PhD (IP), Stony Brook
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