The Binomial Distribution and the Poisson Distribution Are Discrete Distributions

question 22

True/False

The Binomial distribution and the Poisson distribution are discrete distributions.

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Definitions:

Appraisal Remedy

A legal right that allows minority shareholders to have their shares appraised and to be paid a fair value in cases of mergers or consolidations.

Fair Value

An estimate of the market value of an asset or liability, based on the price that willing parties would agree to in an arm's length transaction.

Involuntary Dissolution

The forced dissolution of a corporation or partnership by court order, usually initiated by a shareholder or creditor.

Charter Amendments

Changes made to the charter of a corporation, oftentimes requiring approval from a governing body or the shareholders.