Suppose That Past History Shows That 60% of University Students

question 101

Multiple Choice

Suppose that past history shows that 60% of university students prefer Pepsi .A sample of 10,000 students is to be selected.Which of the following distributions would you use to figure out the probability that at least half of them will prefer Pepsi ?

• A) Binomial distribution.
• B) Poisson distribution.
• C) Normal distribution.
• D) None of the above.

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Definitions:

Cash Receipts Journal

A specialized accounting journal used to record all cash inflows or receipts into a business.

Sales Journal

A book or digital record used in accounting to record all sales transactions of a company.

Cash Payments Journal

A financial journal that records all cash outflows or payments made by a business, including expenses and asset purchases.

Purchases Journal

A record keeping document used to note all credit purchases of inventory and other items made by a company.