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Questions

ECON 3640-090 Spring 2025 Lecture #16 Warm-Up

Single choice

In certain situations, it may be possible to use the __________ distribution to approximate the probability associated with a discrete distribution, like the binomial or Poisson distribution.

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The question asks about a distribution that can be used to approximate the probability of a discrete distribution, such as the binomial or Poisson, in certain situations. Because the answer options are not provided in the prompt, I will explain the key idea and why the Normal distribution is typically chosen for approximation in these contexts. In many practical problems, when the sample size is large or the underlying mean is large, ......Login to view full explanation

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