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A Binomial Distribution Has 100 Trials (N = 100)with a Probability

question 12

Multiple Choice

A binomial distribution has 100 trials (n = 100) with a probability of success of 0.25 (π = 0.25) . To apply the normal distribution to approximate the binomial,what are the mean and standard deviation?


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Functional Strategy

A specific, detailed plan developed for departments such as marketing, finance, or production, focusing on achieving departmental goals aligned with the company’s overall strategy.

Business Strategy

A plan of action employed by businesses to achieve competitive advantage and meet their goals.

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The actions, steps, and practices involved in carrying out strategies to achieve organizational goals.

Corporate Strategy

The overall plan or direction that a company adopts in order to achieve its long-term goals and objectives.

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