A Coin Is Tossed Until a Head Appears

question 60

Multiple Choice

A coin is tossed until a head appears. Let X be the number of tosses. Is this a binomial distribution, and if so, what is the number of trials?

• A) Not binomial
• B) Binomial, n = X
• C) Binomial, n = 2

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Definitions:

Credit Unions

Member-owned financial cooperatives that provide savings, credit, and other financial services to their members.

Check-Cashing Stores

Businesses that offer check cashing services and other financial transactions, often serving underbanked communities.

Means of Payment

Various methods through which debts can be paid, ranging from physical currency to electronic transfers of funds.

Precious Metals

Metals that are rare and have high economic value, such as gold, silver, and platinum.