Which of the Following Is Not a Characteristic of a Binomial

question 54

Short Answer

Which of the following is not a characteristic of a binomial experiment? $\begin{array}{|l|l|}\hline A&\text {There is a sequence of identical trials. }\\\hline B&\text {Each trial results in two or more outcomes. }\\\hline C&\text {The trials are independent of each other. }\\\hline D&\text { Frobability of success \( p \) is the same from one trial to another.}\\\hline \end{array}$

---

Definitions:

Net Income

The conclusive financial gain of a company upon subtracting every expense and tax from its total sales revenue.

Owner Drawings

Withdrawals of cash or other assets from a company by the owner for personal use.

Revenue

The total income generated by a business from its normal business operations.

Post-Closing Trial Balance

A list of all accounts and their balances after closing entries are made, used to check the equality of debits and credits and prepare for the next accounting period.