A Certain Type of New Business Succeeds 60% of the Time.Suppose

question 257

Multiple Choice

A certain type of new business succeeds 60% of the time.Suppose that 3 such businesses open (where they do not compete with each other,so it is reasonable to believe that their relative successes would be independent) .Which of the following distributions would you use to determine the probability that all of them will fail?

• A)Binomial distribution.
• B)Poisson distribution.
• C)Normal distribution.
• D)Hypergeometric distribution.

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Definitions:

Episodic Memory

The type of long-term memory that involves the recollection of specific events, situations, and experiences.

Roller Skate

A shoe, or a device attached to a shoe, outfitted with small wheels for skating on hard surfaces.

Procedural Memory

A type of long-term memory involved in the acquisition of skills and how to perform tasks.

Ice Skate

A type of footwear equipped with a metal blade used for gliding and performing maneuvers on ice.