This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Why is it important to use the correction for continuity when approximating binomial probabilities ... (Read 44 times)

rl

  • Hero Member
  • *****
  • Posts: 579
on: Jun 24, 2018
Why is it important to use the correction for continuity when approximating binomial probabilities with the normal distribution?

Question 2

The national sales manager of Fast Grow Corp is working on next year's budget projections. He knows that the population standard deviation is 17.66 . To estimate the daily per diem cost for outside sales people, he has taken a random sample of 36 individual expense accounts and found a mean of 90.29 . The 91.08 percent confidence interval for the per diem expense is:
 a. 86.45 to 94.13.
  b. 60.27 to 120.37.
  c. 85.29 to 95.29.
  d. 74.43 to 107.9.
  e. 84.32 to 96.26.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

brittanywood

  • Sr. Member
  • ****
  • Posts: 355
Reply #1 on: Jun 24, 2018
Answer to Question 1

Because the binomial distribution has gaps between possible values of x (since it is discrete), while the normal distribution is continuous, the normal approximation to the binomial involves a correction for continuity. The correction consists of expanding each possible value of the discrete random variable x by 0.5 in each direction.

Answer to Question 2

C


rl

  • Member
  • Posts: 579
Reply 2 on: Jun 24, 2018
Great answer, keep it coming :)

bassamabas

  • Member
  • Posts: 294
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

Though newer “smart” infusion pumps are increasingly becoming more sophisticated, they cannot prevent all programming and administration errors. Health care professionals that use smart infusion pumps must still practice the rights of medication administration and have other professionals double-check all high-risk infusions.

Did you know?

Drugs are in development that may cure asthma and hay fever once and for all. They target leukotrienes, which are known to cause tightening of the air passages in the lungs and increase mucus productions in nasal passages.

Did you know?

Urine turns bright yellow if larger than normal amounts of certain substances are consumed; one of these substances is asparagus.

Did you know?

In the United States, there is a birth every 8 seconds, according to the U.S. Census Bureau's Population Clock.

Did you know?

Pubic lice (crabs) are usually spread through sexual contact. You cannot catch them by using a public toilet.

Polyploidy has been an important factor in the evolution of plants. Polyploidy has been an important factor in the evolution of plants.
In 1891 William Dean Howells championed the poetry of Emily Dickinson: “This poetry is as characteri In 1891 William Dean Howells championed the poetry of Emily Dickinson: “This poetry is as characteri
Umberto Boccioni, Unique Forms of Continuity in Space. Umberto Boccioni, Unique Forms of Continuity in Space.
Climate change is an important vector for human diseases Climate change is an important vector for human diseases
Proteins play an important role in keeping your skin healthy and your nails strong Proteins play an important role in keeping your skin healthy and your nails strong
Calculation of the probabilities in a mating involving the ABO blood type Calculation of the probabilities in a mating involving the ABO blood type
Video: Wound Care

For a complete list of videos, visit our video library