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Which of the following is NOT a condition of an experiment where the binomial probability distribution is applicable?
Required Rate Of Return
The minimum return an investor expects to achieve on an investment, taking into account its risk level.
Productivity
Productivity is a measure of the efficiency of production, often expressed as the ratio of output to input in the production of goods and services.
Decision Tree
A graphical representation used to display decisions and their possible consequences, including chance event outcomes, resource costs, and utility.
Expected NPV
The anticipated net present value of a project or investment, calculated using estimated inflows and outflows to assess its profitability and risk.
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