If X Has a Binomial Distribution with N = 4

question 206

Short Answer

If X has a binomial distribution with n = 4 and p = 0.3,find the probability that X is at most one.

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Definitions:

Cash Dividends

Payments made to shareholders out of a corporation's earnings in the form of cash.

Date Of Record

The specified date on which a company determines its shareholders of record to receive dividends or the beneficiaries of stock splits.

Preferred Stock

A class of ownership in a corporation that has a higher claim on its assets and earnings than common stock, often entitling holders to dividends before common shareholders.

Earnings Per Share

A financial metric that indicates the portion of a company's profit allocated to each outstanding share of common stock.