Normal approximation to a binomial distribution.
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Statistics show that 69% of all college seniors have a job prior to graduation. If a random sample of 65 recent college graduates is taken, approximate the probability that at most 44 have a job prior to graduation. Do this in the following two ways:
a. Use the normal approximation to the binomial without a correction for continuity.
b. Use the normal approximation to the binomial with a correction for continuity.
Round your final answers to two decimal places.
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Solution Summary
This soluton shows how to approximate a binomial distribution with a normal distribution, with and without the continuity correction.
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