Solution-Normal approximation to this binomial distribution

Normal approximation to this binomial distribution

Reference no: EM131044805

A company has 300 employees. Each year, there is a 30% turnover rate for the employees. The total number of employees who leave each year follows a binomial distribution. Now, we want to use the normal approximation to this binomial distribution. Then in this normal distribution, the mean is ______ and the standard deviation is _____.

Reference no: EM131044805

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Normal approximation to this binomial distribution

Reference no: EM131044805

Reference no: EM131044805

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