The Binomial Probability Distribution Is Used with

question 65

Multiple Choice

The binomial probability distribution is used with

• A)a continuous random variable
• B)a discrete random variable
• C)any distribution, as long as it is not normal
• D)None of these alternatives is correct.

---

Definitions:

Flood-Control

A set of measures implemented to prevent or reduce the damage caused by excessive water accumulation from rivers, seas, or heavy rainfall.

Median-Voter Model

The theory that under majority rule the median (middle) voter will be in the dominant position to determine the outcome of an election.

Centrists

Individuals or political ideologies that advocate for moderate policies, often seeking a middle ground between extreme positions.

Demand-Side Market Failure

Occurs when demand in a market does not reflect the true value of a good or service, often due to externalities or information asymmetries.