It Was Believed That the Probability of a Small Business

question 336

Multiple Choice

It was believed that the probability of a small business that declared bankruptcy per month was the same in any month. Also the number of small businesses that declared bankruptcy was the
Same every month. Which of the following distributions would you use to determine the
Probability that more than 3 bankruptcies will occur next month?

• A) Hypergeometric distribution.
• B) Poisson distribution.
• C) Uniform distribution.
• D) Binomial distribution.

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