The Binomial Distribution Deals with Consecutive Trials,each of Which Has

question 30

True/False

The binomial distribution deals with consecutive trials,each of which has two possible outcomes.

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Definitions:

Person-To-Person Sales

A direct sales method where products are sold by individuals directly to consumers, often in a face-to-face manner, outside of a retail environment.

Online Retailers

are businesses that sell goods or services to consumers over the internet, often through a website or app, without a traditional physical storefront.

Credit Card Information

Details pertaining to a credit card, including the card number, expiry date, and CVV, essential for executing financial transactions.

Direct Selling

A retail channel where products are marketed and sold directly to consumers, bypassing traditional retail stores.