(Answered) Mean and standard deviation for distribution

Economics

Problem: A binomial distribution has p=0.16 and n=99. Use the normal approximation to the binomial distribution to answer parts (a) through (d) below. Provide justifications and citations for your responses.

Required:

Question 1: What are the mean and standard deviation for this distribution?

Question 2: What is the probability of exactly 11 successes?

Question 3: What is the probability of 10 to 18 successes?

Question 4: What is the probability of 7 to 14 successes?

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Macroeconomics, Economics

Category:- Macroeconomics
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