In Order to Correctly Apply the Binomial Distribution, One of the Conditions

question 25

True/False

In order to correctly apply the binomial distribution, one of the conditions that must be met is that there are only two possible outcomes on each trial.

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Definitions:

Natural Resources

Materials or substances occurring in nature that can be used for economic gain, such as minerals, forests, water, and fertile land.

Timber

Timber that has been transformed into beams and planks, representing a phase in the manufacturing of wood.

Metal Ores

Minerals found in nature from which metals can be efficiently mined.

Minerals

Naturally occurring, inorganic substances with a definite chemical composition and crystalline structure.