Which of These Is Most Likely to Have a Binomial

question 356

Multiple Choice

Which of these is most likely to have a binomial model?

• A) The number of black cards in a 10-card hand.
• B) The number of hits a baseball player gets in 6 times at bat.
• C) The number of people we survey until we find someone who owns an iPod.
• D) The number of cards drawn from a deck until we find all four aces.
• E) The colors of the cars in the grocery store parking lot.

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Definitions:

John Maynard Keynes

A British economist whose theories on government intervention in economies (Keynesian economics) have greatly influenced modern economic policies.

Council of Economic Advisers

A panel of three noted economists who advise the President of the United States on economic policy.

U.S. Monetary Policy

The process by which the Federal Reserve controls the supply of money in the U.S. economy to achieve stable prices, maximum employment, and moderate long-term interest rates.

U.S. Department of the Treasury

The federal department responsible for managing government revenue, producing currency, and implementing fiscal policies.