Suppose that 25% of all students at a large public university receive financial aid. Let normal random variable X denotes the number of students in a random sample of size 50 who receive financial aid.
Let X denotes the number of students in a random sample of size 50 who receive financial aid.
25% of all students at a large public university receive financial aid.
We have
As we have used normal to approximate binomial
the probability that at most 10 students receive aid is 0.2568
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