Determine Whether the Given Procedure Results in a Binomial Distribution $$n = 5 , x = 2 , p = 0.70$$

question 111

Multiple Choice

Determine whether the given procedure results in a binomial distribution. If not, state the reason why.
- $$n = 5 , x = 2 , p = 0.70$$

• A) 0.198
• B) 0.132
• C) 0.700
• D) 0.464

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Definitions:

Full Disclosure Principle

A fundamental accounting principle requiring that financial statements provide all necessary information to stakeholders to understand a firm's financial condition.