Determine Whether the Given Procedure Results in a Binomial Distribution

question 35

Multiple Choice

Determine whether the given procedure results in a binomial distribution. If not, state the reason why. Spinning a roulette wheel 7 times, keeping track of the winning numbers.

• A) Not binomial: the trials are not independent.
• B) Not binomial: there are more than two outcomes for each trial.
• C) Not binomial: there are too many trials.
• D) The procedure results in a binomial distribution.

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Definitions:

Micro Market

A small, specific segment of a market with its own particular needs or preferences.

Trial Market

A test marketing strategy where new products are introduced in a limited area to gauge consumer response before a full-scale launch.

Marketing Mix

The controllable factors—product, price, promotion, and place—that can be used by the marketing manager to solve a marketing problem.

Independent Variables

Variables in an experiment or study that are manipulated or changed to study their effects on dependent variables.