ec-49 - 1 March 25, 2009 It is E370 Time! Announcements...

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1 March 25, 2009 It is E370 Time!!! Announcements Today’s Goals: You should be able to T transform Binomial parameters into Normal parameters. T correctly use a continuity correction factor. T estimate Binomial probabilities with the Normal. T define the Student's t distribution. T compare and contrast the Student's t to the Standard Normal. T appropriately select when to use the Student's t distribution. Next Time~~Brave New Worlds! Announcements T Pre-Lab Quiz 7 Clarification: Question 4 on the Pre-lab Quiz on page 80 in the Lab Manual requires additional information. To answer the question about the level of weekly income which can be counted on 90% of the time, assume the distribution is Normal. T There are 3 course workbook corrections on Class Announcements. T Grade Freeze will take effect Friday at 8:00 AM. The Binomial/Normal Link T What happens to the shape of the binomial distribution when π is held constant but n increases?
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This note was uploaded on 04/19/2011 for the course ECON 200 taught by Professor Staff during the Winter '09 term at Indiana.

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ec-49 - 1 March 25, 2009 It is E370 Time! Announcements...

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