As in a Binomial Distribution, Each Trial of a Hypergeometric

question 73

True/False

As in a binomial distribution, each trial of a hypergeometric distribution results in one of two mutually exclusive outcomes, i.e., either a success or a failure.

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Definitions:

Uncertainty Avoidance

As a cultural value, the extent to which members of a society rely (and should rely) on social norms, rules, and procedures to lessen the unpredictability of future events.

Procedures

Procedures are established methods or sequences of actions for performing a task or solving a problem systematically.

Valuing Diversity

The appreciation and respect for differences among individuals in age, gender, ethnicity, religion, disability, sexual orientation, education, and national origin.

Organizational Strategy

Refers to the plan of action employed by a company or institution to reach its long-term goals and ensure its survival and growth.