SOLUTION: A cruise ship has 74% chance of having leftover rooms the week before the cruise. There are 25 cruise ships setting this month.
Is it possible to approximate this binomial dist
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-> SOLUTION: A cruise ship has 74% chance of having leftover rooms the week before the cruise. There are 25 cruise ships setting this month.
Is it possible to approximate this binomial dist
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Question 453029: A cruise ship has 74% chance of having leftover rooms the week before the cruise. There are 25 cruise ships setting this month.
Is it possible to approximate this binomial distribution using normal approximation?
What is the mean and the standard deviation for this approximation?
What is the probability that exactly 20 cruise ships will have leftover rooms using the normal distribution?
Thank you!
How different is the normal approximation from the binomial distrution value? Calculate the probability that exactly 20 cruise ships will have leftoer rooms using the binomial method.
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