A Hypergeometric Random Variable X Has a Distribution That Is

question 119

Multiple Choice

A hypergeometric random variable x has a distribution that is approximated by a binomial distribution when

• A) the number of successes is larger than the number of failures in the population.
• B) a sample is selected from the population without replacement.
• C) the population is much larger (about 20 times larger) than the sample size.
• D) the sample size is half the size of the original population.

---

Definitions:

Marketing Mix

A combination of factors that can be controlled by a company to influence consumers to purchase its products, often summarized as product, price, place, and promotion.

Ideal Locations

Optimal places or settings for businesses to operate or for events to take place, considering accessibility, target audience, and other strategic factors.

Perceived Value

The customer's evaluation of the worth of a product or service based on its ability to meet their needs and expectations.

Promotion

A marketing strategy involving the use of various techniques and methods to reach and engage consumers, aiming to increase awareness and sales of a product or service.