Choose the Word or Phrase in [ ] Which Will

question 161

Short Answer

Choose the word or phrase in [ ] which will correctly complete the statement. Select A for the first item, B for the second item, and C if neither item will correctly complete the statement.
-Your bank does not levy a service charge on your checking account as long as a $1,000 minimum balance is maintained.Your bank [can | cannot] advertise this as free checking.

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Definitions:

Cumulative Distribution Function

A statistical function that describes the probability of a random variable falling within a particular range of values.

Probability Distribution

A mathematical representation that defines the likelihood of obtaining the possible values that a random variable can assume.

Random Variable

A variable whose values depend on outcomes of a random phenomenon.

Bernoulli Distribution

A probability distribution that takes two possible outcomes, 1 (success) with probability p, and 0 (failure) with probability 1-p.