A Prism Is Able to Spread White Light Out into a Spectrum

question 61

Multiple Choice

A prism is able to spread white light out into a spectrum of colors based on the property of:

• A) reflection.
• B) refraction.
• C) scattering.
• D) interference.

Understand the factors that cause shifts in demand curves for goods and services.

Identify the characteristics and outcomes of goods being substitutes or complements.

Differentiate between a change in demand and a change in quantity demanded.

Recognize how consumer income changes impact the demand for normal and inferior goods.

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Definitions:

Binomial Probability

The probability of obtaining a specific number of successes out of a fixed number of binary trials.

Binomial Random Variable

A type of discrete random variable that counts how often a particular event occurs in a fixed number of tries or trials.

Normal Approximation

A statistical method where a binomial distribution is approximated using the normal distribution, usually applied when sample sizes are large.

Probability

A measure of the likelihood that an event will occur, expressed as a number between 0 and 1, where 0 indicates impossibility and 1 indicates certainty.