Question:
Consider a binomial distribution with a very large N. This distribution can be approximated by:
Consider a binomial distribution with a very large N. This distribution can be approximated by:
Updated On: Dec 21, 2024
- Bernoulli Distribution
- Poisson Distribution
- Normal Distribution
- Hypergeometric Distribution
Hide Solution
Verified By Collegedunia
The Correct Option is C
Solution and Explanation
When N (number of trials) is very large in a binomial distribution, it can be approximated by a normal distribution due to the Central Limit Theorem.
Hence, the correct answer is (c).
Was this answer helpful?
0
0
Top Questions on Probability theory
- List the following outcomes in descending order
(A) Probability of a head when one coin is tossed
(B) Probability of 5 heads when 10 coins are tossed independently
(C) Probability of 10 heads when 20 coins are tossed independently
(D) Probability of 50 heads when 100 coins are tossed independently
Choose the correct answer from the options given below:- CUET (PG) - 2024
- Economics
- Probability theory
- Consider a binomial distribution with parameters n and p. The variance of this distribution is:
- CUET (PG) - 2024
- Economics
- Probability theory
- Which of the following statements are correct?
(A) In case of a continuous random variable X, the cumulative distribution function can be obtained by carrying out a derivation of the probability distribution function with respect to x.
(B) In case of a discrete random variable X, the cumulative distribution function can be obtained by carrying out a derivation of the probability distribution function with respect to x.
(C) In case of a continuous random variable X, the probability distribution function can be obtained by carrying out a derivation of the cumulative distribution function with respect to x.
(D) In case of a discrete random variable X, the probability distribution function can be obtained by carrying out a derivation of the cumulative distribution function with respect to x.- CUET (PG) - 2024
- Economics
- Probability theory
- In how many ways can 10 economists attending a conference be accommodated in 2 triple sharing and 2 double sharing hotel rooms?
- CUET (PG) - 2024
- Economics
- Probability theory
- Suppose we have three coins. The first coin has heads on both sides. The second coin has tails on both sides. The third coin has head on one side and tail on the second side. One coin is randomly selected and tossed. The upper side of this coin turns out to be a head. What is the probability that the other side of this coin is tail?
- CUET (PG) - 2024
- Economics
- Probability theory
View More Questions
Questions Asked in CUET PG exam
- Satish is very conscious of the food he eats. He eats only rotis and dal. A cup of dal costs Rs 2 while a roti costs one rupee and Satish decides to spend only Rs 13 per day on food. Also he decides to consume only 5500 calories a day. He has been told that each day
- CUET (PG) - 2024
- Consumer theory
- Match List-I with List-II
List-I(Economic Concepts)
List-II(Description)
A Kuznets Curve I Describes the relationship be tween currency depreciation and current account balance B Fisher Effect II Describes the relationship between autonomous investment and output C J Curve Effect III Describes the relationship between income and inequality D Multiplier Effect IV Describes the relationship between expected inflation rate and interest rate
Choose the correct answer from the options given below- CUET (PG) - 2024
- National Income Accounting
- Match List-I with List-II
List-I(Statistical Concepts)
List-II(Description)
A Power of a test I 1- probability of making type II error B Multicollinearity II Where the sample mean differs from the population mean C Biased estimator III Correlation between explanatory variables in a regres sion D White noise error IV Errors with zero mean and constant standard deviation
Choose the correct answer from the options given below- CUET (PG) - 2024
- Statistical Concepts
- Which of the following statements are correct?
(I) Monopolistic firms face a horizontal market demand curve
(II) Perfectly competitive firms sell differentiated products
(III) Output of one Cournot duopoly firm depends on the output of the other firm
(IV) Monopolistic firms do not have a supply curve
Choose the correct answer from the options given below:- CUET (PG) - 2024
- Price and Output determination in Market
- The existence of purchasing power parity in an open economy implies that
(A) The purchasing power of individuals depends on inflation rate
(B) The exchange rate between two countries' currency is equal to the ratio of their price levels
(C) Law of one price holds
(D) The price levels of all countries are equal when measured in terms of the same currency
Choose the correct answer from the options given below:- CUET (PG) - 2024
- Money and Inflation
View More Questions