Which of the Following Statements Is the Most Accurate About

question 86

Multiple Choice

Which of the following statements is the most accurate about a binomial random variable?

• A) It has a bell-shaped distribution.
• B) It is a continuous random variable.
• C) It counts the number of successes in a given number of trials.
• D) It counts the number of successes in a specified time interval or region.

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Definitions:

Misrepresentations

False statements or lies that induce someone into entering a contract or agreement.

Express Warranties

Explicit promises or assurances made by a seller regarding the condition, functionality, or quality of a product.

Common Law Language

The language used in common law jurisdictions, based on judicial decisions and customs, as opposed to statutes.

Implied Warranty

An unwritten guarantee that a product will meet a minimum level of quality and functionality.