The Requirement That the Probability of Success Remains Constant from Trial

question 44

Multiple Choice

The requirement that the probability of success remains constant from trial to trial is a property of the ________ distribution.

• A) binomial
• B) Poisson
• C) hypergeometric
• D) continuous

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Definitions:

Common Stock

Represents ownership shares in a corporation, giving holders voting rights and a dividend potential.

Depreciation

The systematic allocation of the cost of a tangible asset over its useful life, representing how much of an asset's value has been used up.

Tangible Asset

Physical assets that can be seen and touched, such as buildings, machinery, and inventory.

Earning Revenue

The process of generating income from the sale of goods or services over a specific period.