To Construct a Binomial Probability Distribution,the Number of Trials and the Probability

question 63

True/False

To construct a binomial probability distribution,the number of trials and the probability of success must be known.

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Definitions:

Risky Shift

The tendency for groups to make decisions that are more extreme or riskier than the initial inclination of its members.

Collective Wisdom

Collective Wisdom is the comprehensive insight or knowledge derived from the collaborative thinking and experience of a group of individuals, surpassing the understanding of any single member.

Devil's Advocate

A person who expresses a contentious opinion in order to provoke debate or test the strength of opposing arguments.

Groupthink

A psychological phenomenon occurring within a group of people, where the desire for harmony or conformity results in an irrational or dysfunctional decision-making outcome.