In a Binomial Experiment the Probability of Success Is 0

question 18

Multiple Choice

In a binomial experiment the probability of success is 0.06. What is the probability of two successes in seven trials?

• A)0.0036
• B)0.0600
• C)0.0555
• D)0.2800

---

Definitions:

Current Ratio

A liquidity ratio that measures a company's ability to cover its short-term liabilities with its short-term assets.

Interest Expense

The cost incurred by an entity for borrowed funds over a period.

Times Interest Earned Ratio

A financial metric that measures a company's ability to meet its debt obligations based on current earnings before interest and taxes.

Cash Coverage Ratio

A fiscal indicator assessing a corporation's capability to fulfill its debt commitments using the cash flow generated from its operations.