The Binomial Probability Distribution Is Most Symmetric When​

question 54

Multiple Choice

The binomial probability distribution is most symmetric when​

• A) ​n is 30 or greater.
• B) ​n equals p.
• C) ​p approaches 1.
• D) ​p equals 0.5.

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Definitions:

Novation

The act of replacing an old obligation with a new one, substituting a new party into an existing agreement or completely replacing the original contract.

Accord And Satisfaction

A legal contract wherein parties agree to settle a dispute by accepting terms that differ from the original obligation.

Novation

The act of replacing an existing obligation with a new one, thereby extinguishing the original obligation.

Substituted Contract

This is a legal agreement replacing an earlier contract, agreed upon by all parties involved, and discharging the original contractual obligations.