If X Is a Binomial Random Variable with N=10 and P=0.8

question 96

Multiple Choice

If x is a binomial random variable with n=10 and p=0.8, what is the probability that x is equal to 4?

• A).0055
• B).0063
• C).124
• D).232
• E).994

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Definitions:

Accounts Payable

Liabilities of a business that are due to creditors within a short period, usually one year, and are to be paid in cash or other current assets.

Equipment

Tangible property used in the operations of a business not intended for sale, including machinery, computers, and furniture.

Cash

A form of currency that includes coins and paper bills.

Capital

The wealth in the form of money or other assets owned by a person or organization or available for purposes such as starting a company or investing.