My Math Forum two easy to solve approximation problems

 February 22nd, 2011, 09:45 PM #1 Member   Joined: Dec 2010 From: Drachten, the Netherlands Posts: 49 Thanks: 0 two easy to solve approximation problems I really hope that someone can help me by looking very critical at my answers. I am getting really frustated. I have no idea what I do wrong but my answers are different from the answers from the book. Some are almost the same, but not totally. So maybe I make a little mistake. Please tell me what I do wrong Use the normal approximation to the binomial distributoin to determine b(1,150,0.05) This is my answer: mean = 150*0.05=7.5 sigma = squareroot(150*0.05* 0.95) =squareroot (7.125) Since I have to find P(X=1), I used the continuity correction z= (0.5-7.5)/squareroot(7.125) = -2.622, corresponding probability: 0.004371 and z= (1.5-7.5)/squareroot(7.125) = -2.2478 corresponding probability; 0.012294 I used a z calculator in order to be very precise about the probabilities. So the answer is 0.012294-0.004371= 7.923 X 10^-3 However according to the book the answer is 8.7 X 10^-3 the following frustiating problem is: Use the normal approximation to the binomial distributoin to determine the probability of getting 7 heads and 7 tail in 14 flips of a balanced coin. This is my answer: mean = 14*0.5=7 sigma = squareroot(14*0.5* 0.5) =squareroot (3.5) Since I have to find P(X=7), I used the continuity correction z= (6.5-7)/squareroot(3.5) = -0.26726, corresponding probability: 0.394634 and z= (7.5-7)/squareroot(3.5) = 0.26726 corresponding probability; 0.394634 So the answer is 2*0.5-0.394634=.210732 However according to the book the answer is 0.2128 I my perception there are both the same kind of problem. Since in both cases my answer is not equal to the one of the bank I am afraid that I make a fundamental mistake. So i hope that someone can look critical at it in order to help me. Thanks in advance
 February 22nd, 2011, 11:40 PM #2 Senior Member   Joined: Feb 2009 From: Adelaide, Australia Posts: 1,519 Thanks: 3 Re: two easy to solve approximation problems I agree with your answers...

 Tags approximation, easy, problems, solve

,

,

,

,

,

,

# use the normal approximation to the binomial distribution to determine the probabilitu of getting 7 heads and 7 tails in 14 flips

Click on a term to search for related topics.
 Thread Tools Display Modes Linear Mode

 Similar Threads Thread Thread Starter Forum Replies Last Post aosipov Complex Analysis 1 January 17th, 2014 01:32 PM lordshubham Algebra 5 June 27th, 2013 04:41 PM mmmmxxx Calculus 3 March 1st, 2012 05:14 AM foo_ Computer Science 1 April 20th, 2009 10:47 AM ohnaka Abstract Algebra 1 June 20th, 2008 09:18 AM

 Contact - Home - Forums - Cryptocurrency Forum - Top