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Determine Whether the Given Procedure Results in a Binomial Distribution

question 3

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Determine whether the given procedure results in a binomial distribution. If not, state the reason why. Rolling a single die 26 times, keeping track of the numbers that are rolled.


Definitions:

Market Price

The present rate at which a service or asset is available for purchase or sale.

Net Profit Margin Percentage

A financial metric that shows the percentage of revenue remaining as net income after all expenses, taxes, and costs have been deducted.

Return on Total Assets

measures a company's efficiency in using its assets to generate profit, calculated by dividing net income by total assets.

Total Assets

The sum of all current and non-current assets owned by a company, including cash, inventory, property, and equipment.

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