Determine Whether the Given Procedure Results in a Binomial Distribution

question 22

Multiple Choice

Determine whether the given procedure results in a binomial distribution. If not, state the reason why. Spinning a roulette wheel 9 times, keeping track of the occurrences of a winning number of
"16) "

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

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Definitions:

Voting Shares

Shares that give the shareholder the right to vote on matters of corporate policy and the selection of board members.

Investment Account

A financial account held at a bank or brokerage that is used to hold securities, stocks, bonds, and other investments.

Unamortized Acquisition Differential

The portion of the difference between the purchase price and the book value of an acquired entity that has not yet been amortized.

Equity Method

An accounting technique used by a company to record its investment in another company based on the profit or loss and other comprehensive income of the investee.