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In order to use a normal distribution to compute confidence intervals for p, the np and nq must be greater than 5.
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, The margin of error deals with sample size, sample proportion and confidence level.
1 10.- 2 7.3.001 For a binomial experiment with successes out of trials, what value do we use as a point estimate f...
1. A salesperson has successes on 2 out of 10 cold calls. What is the probability of getting 3 successes in 9 cold calls? 2. If the probability of success on a cold call is .20, and 500 cold calls are made, what is the probability of less than 84.5 successes? (use normal distribution to approximate the binomial, so need mean = np and st.dev = sqrt(npq) ) 3. In the past, the probability of success of a cold call...