Experiments with Repeated Independent Trials Will Be Described by the Binomial

question 27

Multiple Choice

Experiments with repeated independent trials will be described by the binomial distribution if​

• A) ​the trials are continuous.
• B) ​each trial result influences the next.
• C) ​the time between trials is constant.
• D) ​each trial has exactly two outcomes whose probabilities do not change.

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Definitions:

Operational Hours

The hours during which a business or service is operational and open to customers.

Capacity Management

The process of planning and controlling the resources needed to meet product demand while maximizing operational efficiency.

Subcontracting

This refers to the practice of assigning or outsourcing part of the obligations and tasks under a contract to another party known as a subcontractor.

Peak Production

The period of maximum output or productivity in manufacturing or business operations, often coinciding with high demand seasons.