In: Math
Use Excel/Megastat to find the discrete probability and cumulative probability of the Binomial distribution with probability of success p = 0.3 and n = 70.
Find its mean and variance.
Based upon the chart on Excel, what can you conclude about the binomial convergence?
Use binom.dist function on Excel and sketch the curve.
Find its mean and variance.
We are given n = 70, p = 0.3, q = 1 – p = 1 – 0.3 = 0.7
Mean = n*p = 70*0.3 = 21
Variance = n*p*q = 70*0.3*0.7 = 14.7
Based upon the chart on Excel, what can you conclude about the binomial convergence?
Use binom.dist function on Excel and sketch the curve.
Required excel chart and sketch is given as below:
From above sketch it is observed that the binomial distribution is converges to the approximate normal distribution.
Excel chart:
X |
P(X) |
CDF |
0 |
0.000000 |
0.000000 |
1 |
0.000000 |
0.000000 |
2 |
0.000000 |
0.000000 |
3 |
0.000000 |
0.000000 |
4 |
0.000000 |
0.000001 |
5 |
0.000003 |
0.000003 |
6 |
0.000012 |
0.000015 |
7 |
0.000046 |
0.000060 |
8 |
0.000154 |
0.000215 |
9 |
0.000455 |
0.000670 |
10 |
0.001190 |
0.001860 |
11 |
0.002782 |
0.004642 |
12 |
0.005862 |
0.010504 |
13 |
0.011208 |
0.021712 |
14 |
0.019558 |
0.041270 |
15 |
0.031292 |
0.072562 |
16 |
0.046100 |
0.118662 |
17 |
0.062758 |
0.181420 |
18 |
0.079195 |
0.260615 |
19 |
0.092890 |
0.353505 |
20 |
0.101516 |
0.455020 |
21 |
0.103587 |
0.558608 |
22 |
0.098879 |
0.657486 |
23 |
0.088438 |
0.745925 |
24 |
0.074225 |
0.820150 |
25 |
0.058532 |
0.878681 |
26 |
0.043416 |
0.922098 |
27 |
0.030323 |
0.952420 |
28 |
0.019957 |
0.972377 |
29 |
0.012387 |
0.984764 |
30 |
0.007255 |
0.992020 |
31 |
0.004012 |
0.996032 |
32 |
0.002096 |
0.998128 |
33 |
0.001034 |
0.999162 |
34 |
0.000482 |
0.999644 |
35 |
0.000213 |
0.999857 |
36 |
0.000089 |
0.999945 |
37 |
0.000035 |
0.999980 |
38 |
0.000013 |
0.999993 |
39 |
0.000005 |
0.999998 |
40 |
0.000002 |
0.999999 |
41 |
0.000000 |
1.000000 |
42 |
0.000000 |
1.000000 |
43 |
0.000000 |
1.000000 |
44 |
0.000000 |
1.000000 |
45 |
0.000000 |
1.000000 |
46 |
0.000000 |
1.000000 |
47 |
0.000000 |
1.000000 |
48 |
0.000000 |
1.000000 |
49 |
0.000000 |
1.000000 |
50 |
0.000000 |
1.000000 |
51 |
0.000000 |
1.000000 |
52 |
0.000000 |
1.000000 |
53 |
0.000000 |
1.000000 |
54 |
0.000000 |
1.000000 |
55 |
0.000000 |
1.000000 |
56 |
0.000000 |
1.000000 |
57 |
0.000000 |
1.000000 |
58 |
0.000000 |
1.000000 |
59 |
0.000000 |
1.000000 |
60 |
0.000000 |
1.000000 |
61 |
0.000000 |
1.000000 |
62 |
0.000000 |
1.000000 |
63 |
0.000000 |
1.000000 |
64 |
0.000000 |
1.000000 |
65 |
0.000000 |
1.000000 |
66 |
0.000000 |
1.000000 |
67 |
0.000000 |
1.000000 |
68 |
0.000000 |
1.000000 |
69 |
0.000000 |
1.000000 |
70 |
0.000000 |
1.000000 |