This problem can be model using the binomial distribution and approximated using the Central Limit Theorem.
\[P(i \le S_n \le j) \approx NA(\frac{i-1/2-np}{\sqrt{npq}}, \frac{j +1/2-np}{\sqrt{npq}})\]
\[P(S_{48} \ge 30) = P(S^*_{48} \ge \frac{30-1/2-48*0.75}{\sqrt{48*0.75*0.25}}) = P(S^*_{48} \ge - 2.166)\] First we need to recognize that the table of values of NA(0,z) in Figure 9.4 takes z values from 0 to z. So we need to rewrite our problem as the below and interpolate between z values of NA(2.1) = 0.4821 and NA(2.2) = 0.4861 .
\[P(S_{48} \ge 30) = 0.5 + NA(2.166)\] \[P(S_{48} \ge 30) \approx 0.5 + 0.4821 + (0.4861-0.4821)/10*6 \approx 0.9845\]
\[P(S_{48} \ge 30) = P(S^*_{48} \ge \frac{30-1/2-48*0.5}{\sqrt{48*0.5*0.5}}) = P(S^*_{48} \ge 1.5877)\]
We must interpolate between NA(1.5) = 0.4332 and NA(1.6) = 0.4452. This time we are interested in the area under the curve from the z value to the upper tail. So we must subtract the NA(z) value from 0.5 to get the area of interest.
\[P(S_{48} \ge 30) = 0.5 - NA(1.5877)\]
\[P(S_{48} \ge 30) \approx 0.5 - (0.4332 + (0.4452-0.4332)/10*8.7) \approx 0.05636\]