Paying Your Phone Bill and Electric Bill on Time Each

question 33

Short Answer

Paying your phone bill and electric bill on time each month will help you to establish a(n) ________.

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Definitions:

Binomial Random Variable

A type of random variable that takes the number of successes in a fixed number of trials of a binomial experiment, where each trial results in a success or failure, with the probability of success being the same for all trials.

Cumulative Binomial Probabilities

The sum of the probabilities of obtaining all outcomes up to a specified point in a binomial distribution.

Random Variable

A variable whose values are outcomes of a random phenomenon.

Accurate

The degree to which the result of a measurement, calculation, or specification conforms to the correct value or a standard.