A Probability Distribution Showing the Probability of X Successes in N

question 39

Multiple Choice

A probability distribution showing the probability of x successes in n trials, where the probability of success does not change from trial to trial, is termed a

• A) uniform probability distribution.
• B) binomial probability distribution.
• C) hypergeometric probability distribution.
• D) normal probability distribution.

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Definitions:

Promoter

An individual or entity that initiates the formation of a company, raises capital for it, and takes necessary steps to legally establish the business.

Initial Setting

The original conditions or parameters established at the beginning of a process or activity.

Public Share Offering

The process of offering shares of a private corporation to the public in a new stock issuance, allowing the company to raise capital from public investors.

Separate Legal Personality

The legal principle that a corporation or certain other entities exist independently of their shareholders or members, capable of owning property, incurring debt, suing, and being sued.