Examlex

Solved

The Binomial Distribution with P = 1/4 Has a Standard

question 48

True/False

The binomial distribution with p = 1/4 has a standard deviation of 3.For this distribution,there are n = 36 scores in the sample.​


Definitions:

Contra-Revenue Account

An account in the general ledger that reduces the total gross revenues reported by the business, including returns, allowances, and discounts.

Sales Discounts

Reductions in the price of goods or services offered to customers to encourage prompt payment or as part of a sales promotion.

Control Account

An account used in the general ledger to summarize transactions detailed in subsidiary ledgers for efficient reporting and verification purposes.

Subsidiary Ledger

A detailed ledger that contains the transaction details of accounts like accounts receivable or payable, which are summarized in the general ledger.

Related Questions