If π Remains Constant in a Binomial Distribution, an Increase

question 68

True/False

If π remains constant in a binomial distribution, an increase in n will increase the variance.

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A state where all resources in an economy are optimally allocated to serve each individual or entity in the best way while minimizing waste and inefficiency.

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Externality Problem

A situation in which a third party is affected by the consequences of a transaction or activity between others, either positively or negatively.

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