The Following Is a Binomial Probability Distribution with N = $\pi$

question 53

Multiple Choice

The following is a binomial probability distribution with n = 3 and $\pi$ = 0.20.
The mean of the distribution is

• A) 1.5
• B) 0.6
• C) 0.25
• D) 0.0

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Definitions:

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Weak Economy

An economic state characterized by slow growth, high unemployment, and low consumer confidence.

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A financial incentive strategy where employees receive a share of the company’s profits, based on its earnings, as a form of motivation and reward.

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A compensation system where employees are paid based on the skills and knowledge they possess rather than their job title or position.