Finding Binomial Probabilities-Excel Explained: Definition, Examples, Practice & Video Lessons
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Involve finding binomial probabilities, finding parameters, and determining whether values are significantly high or low by using the range rule of thumb and probabilities. In a presidential election, 611 randomly selected voters were surveyed, and 308 of them said that they voted for the winning candidate (based on data from ICR Survey Research Group). The actual percentage of votes for the winning candidate was 43 %. Assume that 43 % of voters actually did vote for the winning candidate, and a
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