The Normal Approximation to the Binomial Distribution (VCE SSCE Mathematical Methods): Flashcards
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Rule of thumb for normal approx to binomial
Rule of thumb for normal approx to binomial
Both and must be > 5
Mean of normal approx to binomial
Mean of normal approx to binomial
Std dev of normal approx to binomial
Std dev of normal approx to binomial
When does normal approx work best?
When does normal approx work best?
large, not too close to 0 or 1
Why use normal approx to binomial?
Why use normal approx to binomial?
Simplifies calculations for large
Two parameters of binomial distribution
Two parameters of binomial distribution
(trials) and (probability of success)
Binomial shape as increases
Binomial shape as increases
Becomes more bell-shaped/symmetric
Binomial shape when large, close to 0.5
Binomial shape when large, close to 0.5
Symmetric
Binomial shape when small, near 0 or 1
Binomial shape when small, near 0 or 1
Skewed (asymmetric)
When does binomial skewness become negligible?
When does binomial skewness become negligible?
When is large enough
