Questions and Answers
What is the primary purpose of a cumulative distribution function?
To find the probability of a value less than or equal to a specific value
In a standard normal distribution, what is the mean and standard deviation?
Mean = 0, standard deviation = 1
What is the purpose of the standard normal distribution table?
To calculate the probability of a value under the curve
What is the normal approximation to the binomial distribution used for?
Signup and view all the answers
What is the purpose of continuity correction in normal approximation to binomial distribution?
Signup and view all the answers