The Binomial Distribution Is a Discrete Distribution That Deals with a Sequence

question 117

True/False

The binomial distribution is a discrete distribution that deals with a sequence of identical trials, each of which has only two possible outcomes.

---

Definitions:

Stock Dividend

Essentially a stock split in which the number of new shares issued is less formal and usually smaller.

Common Stock

Equity ownership in a corporation, with rights to share in its profits, and typically with voting rights in corporate governance.

Paid in Excess

A financial term referring to amounts paid over and above the nominal or par value of a security at the time of issuance.

Retained Earnings

Profits that a company has earned to date, less any dividends or other distributions paid to investors.