A Multinomial Experiment with Two Categories Is Identical to a Binomial

question 153

True/False

A multinomial experiment with two categories is identical to a binomial experiment.

---

Definitions:

Marginal Change

A small, incremental adjustment to an existing set of conditions or a decision.

Incremental Adjustment

A small, step-by-step change or modification made in order to improve a system or process.

Significant Adjustment

describes a major change or modification in operations, policies, or strategies, typically in response to external or internal factors.

Standby Passengers

Travelers who wait for an available seat on a flight, typically flying at a reduced rate, due to not having a reservation for a specific departure.