Determine Whether the Given Procedure Results in a Binomial Distribution

question 70

Multiple Choice

Determine whether the given procedure results in a binomial distribution. If not, state the reason why.
-Rolling a single die 33 times, keeping track of the numbers that are rolled.

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

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Definitions:

Perpetual Inventory System

An inventory accounting system where updates are made continuously as transactions occur, reflecting the real-time quantity of inventory on hand.

Cost Of Goods Sold

Costs pertaining directly to the crafting of goods a business sells, covering both labor and material expenses.

Perpetual Inventory System

An accounting method that records the sale or purchase of inventory immediately through the use of technology, ensuring continuous updating of inventory and cost of goods sold data.

Freight Costs

Expenses incurred by a company to ship its products to customers, usually varying based on distance and weight.