Standard Normal Distribution and Binomial Distribution
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It is estimated that the probability that the general population will live past their 85th birthday is 5.4%. Use the standard normal distribution to approximate this Binomial problem and answer the following questions.
Out of a sample of 600, what is the probability that fewer than 30 will live beyond their 85th birthday?
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Solution Summary
The solution calculates probability using standard normal distribution to approximate binomial distribution.
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It is estimated that the probability that the general population will live past their 85th birthday is 5.4%.
Use the standard normal distribution to approximate this Binomial problem and answer the following questions. ...
Purchase this Solution
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