The Hypergeometric Probability Distribution Is Used Rather Than the Binomial

question 75

Multiple Choice

The hypergeometric probability distribution is used rather than the binomial or the Poisson when:

• A) the sampling is performed with replacement.
• B) the sampling is performed without replacement from an infinite population.
• C) the sampling is performed without replacement from a finite population.
• D) the sampling is performed with replacement from a finite population.

Understand the method and applications of least squares in time-series analysis.

Calculate seasonal indexes and adjust time series data for seasonality.

Interpret the results and forecasts from quadratic and linear model fits to time-series data.

Apply regression techniques to calculate linear trend lines for various datasets.

---

Definitions:

Trade and Economic Exchanges

The act of buying, selling, or exchanging goods and services between people or countries, facilitating the distribution of resources, creation of wealth, and economic interdependence.

Self-fulfilling Prophecy

A forecast that, whether directly or indirectly, ensures its own fulfillment through a positive loop between belief and action.

Social Trap

Situations where individuals or groups act against their long-term communal interests by pursuing short-term personal gains.

Superordinate Goals

Common goals that can only be achieved by two or more groups working together, thus promoting cooperation and reducing conflict between the groups.