12th Edition

ISBN: 9780100460461

Author: Anderson

Publisher: YUZU

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A contingency table can be defined as the visual representation of the relationship between two or more categorical variables that can be evaluated and registered. It is a categorical version of the scatterplot, which is used to investigate the linear re…

Binomial Distribution

Binomial is an algebraic expression of the sum or the difference of two terms. Before knowing about binomial distribution, we must know about the binomial theorem.

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Textbook Question

Chapter 6.3, Problem 27E

Assume a binomial probability distribution has p = .60 and n = 200.

a. What are the mean and standard deviation?
b. Is this situation one in which binomial probabilities can be approximated by the normal probability distribution? Explain.
c. What is the probability of 100 to 110 successes?
d. What is the probability of 130 or more successes?
e. What is the advantage of using the normal probability distribution to approximate the binomial probabilities? Use part (d) to explain the advantage.

Features Features Normal distribution is characterized by two parameters, mean (µ) and standard deviation (σ). When graphed, the mean represents the center of the bell curve and the graph is perfectly symmetric about the center. The mean, median, and mode are all equal for a normal distribution. The standard deviation measures the data's spread from the center. The higher the standard deviation, the more the data is spread out and the flatter the bell curve looks. Variance is another commonly used measure of the spread of the distribution and is equal to the square of the standard deviation.

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Chapter 6.3, Problem 26E

Chapter 6.3, Problem 28E

Chapter 6 Solutions

EBK STATISTICS FOR BUSINESS & ECONOMICS

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Solution Summary: The author explains that the binomial distribution can be approximated to normal distribution or not.

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