The Equation for the Variance of the Binomial Distribution Is

question 132

Multiple Choice

The equation for the variance of the binomial distribution is given by:

• A)p^x(1 - p)^n-x
• B)np
• C)np(1 - p)

---

Definitions:

Repairs and Maintenance

The expenses a company incurs to keep its assets in working condition, not extending the life of the asset but rather restoring it or maintaining current condition.

Capital Expenditure

Long-term investments or expenditures made by a company to acquire or upgrade physical assets such as equipment, property, or industrial buildings.

Net Income

The amount of profit left over after all expenses and taxes have been subtracted from total revenue.

Depreciation Expense

The allocated portion of the total cost of a company's tangible assets that is charged to expense across the asset's useful life.