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It Was Believed That the Probability of a Small Business

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It was believed that the probability of a small business that declared bankruptcy per month was the same in any month.Also,the number of small businesses that declared bankruptcy was the same every month.Which of the following distributions would you use to determine the probability that more than 3 bankruptcies will occur next month?


Definitions:

Instructions

Instructions refer to a set of orders or commands given to a computer or software to perform specific operations.

Crowdfunding

A method of funding a project or venture by raising small amounts of money from a large number of people, typically via the Internet.

Large Donations

Significant contributions of funds or resources made to organizations, causes, or individuals, usually for charitable purposes.

Knowledge Representation

Encoding information about the world into formats that an AI system can understand.

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