In a Binomial Experiment the Probability of Success Is 0

question 33

Multiple Choice

In a binomial experiment the probability of success is 0.05. What is the probability of two successes in seven trials?

• A) 0.0036
• B) 0.0000
• C) 0.0406
• D) 0.3667

---

Definitions:

Variable Cost

Expenses that change in proportion to the activity of a business, such as costs for raw materials, packaging, or labor directly associated with product manufacturing.

Activity Levels

The amount of effort or capacity utilized in the operations of a business, which can influence cost and operational efficiency.

Bonds Issued

The process of a corporation or government raising funds by selling bonds to investors.

At a Discount

Selling or buying something for less than its nominal or face value.