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 32 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 :)

anyusername12131

  • Member
  • Posts: 327
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

There used to be a metric calendar, as well as metric clocks. The metric calendar, or "French Republican Calendar" divided the year into 12 months, but each month was divided into three 10-day weeks. Each day had 10 decimal hours. Each hour had 100 decimal minutes. Due to lack of popularity, the metric clocks and calendars were ended in 1795, three years after they had been first marketed.

Did you know?

Medications that are definitely not safe to take when breastfeeding include radioactive drugs, antimetabolites, some cancer (chemotherapy) agents, bromocriptine, ergotamine, methotrexate, and cyclosporine.

Did you know?

Critical care patients are twice as likely to receive the wrong medication. Of these errors, 20% are life-threatening, and 42% require additional life-sustaining treatments.

Did you know?

The human body's pharmacokinetics are quite varied. Our hair holds onto drugs longer than our urine, blood, or saliva. For example, alcohol can be detected in the hair for up to 90 days after it was consumed. The same is true for marijuana, cocaine, ecstasy, heroin, methamphetamine, and nicotine.

Did you know?

In the United States, congenital cytomegalovirus causes one child to become disabled almost every hour. CMV is the leading preventable viral cause of development disability in newborns. These disabilities include hearing or vision loss, and cerebral palsy.

It is important to ask patients what other health care providers they are seeing, such as the dentis It is important to ask patients what other health care providers they are seeing, such as the dentis
Rituals such as the sacrament of the Anointing of the Sick are important expressions of religious be Rituals such as the sacrament of the Anointing of the Sick are important expressions of religious be
In countries where water can be contaminated, breastfeeding is an important option for the health of ... In countries where water can be contaminated, breastfeeding is an important option for the health of ...
Climate change is an important vector for human diseases Climate change is an important vector for human diseases
Specific Nutrients and Behaviors Are Important during the First Trimester Specific Nutrients and Behaviors Are Important during the First Trimester
Binomial Theorem Binomial Theorem
Video: Mitosis step-by-step

For a complete list of videos, visit our video library