Mathematics

Monthly Archive: December 2013

Normal Approximations 0

Normal Approximations

Normal Approximations

In the following series of articles we shall explore normal approximations. We shall explore continuity correction, approximating a binomial distribution by a normal distribution, approximating a poisson distribution by a normal distribution, and choosing...

Using a continuity correction 0

Normal Approximations

Using a continuity correction

In this normal approximations section we shall explore using a continuous correction. Knowledge of binomial and poisson distributions will be very beneficial here. In rounding values you should be familiar with the idea that...