Mathematics, 12.03.2020 17:10 A1A2T3
219. Approximate the following binomial probabilities by the use of normal approximation. Eight percent of customers
of a bank keep a minimum balance of $500 in their checking accounts. What is the probability that in a random
sample of 100 customers
a. exactly 6 keep the minimum balance of $500?
b. exactly 11 keep the minimum balance of $500?
c. 6 or fewer keep the minimum balance of $500?
Answers: 1
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219. Approximate the following binomial probabilities by the use of normal approximation. Eight perc...
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