Determine Whether the Given Procedure Results in a Binomial Distribution

question 3

Multiple Choice

Determine whether the given procedure results in a binomial distribution. If not, state the reason why.
-Spinning a roulette wheel 7 times, keeping track of the occurrences of a winning number of "16".

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

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Definitions:

Sum-Of-The-Years-Digits

A depreciation method that accelerates the recognition of expenses by applying a decreasing fraction to the depreciable value each year, based on the sum of the years’ digits.

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Items and fixtures used in an office setting for working and storage purposes, including desks, chairs, and file cabinets.

Straight-Line Method

A way of calculating depreciation by evenly spreading the cost of an asset over its useful life.

Resale Value

The projected value at which an asset can be disposed of after its life of usability has ended.