If a Study Is Set Up in Such a Way

question 48

Multiple Choice

If a study is set up in such a way that a sample of people is surveyed to determine whether they have ever used a particular product, the likely probability distribution that would describe the random variable, the number who say yes, is a:

• A) binomial distribution.
• B) Poisson distribution.
• C) uniform distribution.
• D) continuous distribution.

---

Definitions:

Amount Debited

The total sum that has been recorded on the debit side of a company's accounts, reflecting an increase in assets or expenses, or a decrease in liabilities or equity.

Goodwill Method

The goodwill method involves assigning a value to the intangible benefits or assets of a company, like brand reputation, during an acquisition or merger.

Capital Balances

The amount of money that owners have invested in an entity, plus any retained earnings or subtracted losses.

Profits and Losses

Profits and losses refer to the financial gains and losses that a business incurs through its operations, reflecting the difference between revenues and expenses.