Good Judgment, Efficient Use of Resources, and Sound Public Policy

question 6

Multiple Choice

Good judgment, efficient use of resources, and sound public policy are examples of

• A)positive use of discretion.
• B)negative use of discretion.
• C)reverse use of discretion.
• D)street smarts discretion.

---

Definitions:

Continuous Variables

Variables that can take on an infinite number of values or levels.

Binomial

Pertaining to a probability distribution that models the number of successes in a fixed number of trials, with only two possible outcomes.

Normal Probability Distribution

Describes a symmetrical, bell-shaped curve where most occurrences take place at the central peak and probabilities for values taper off equally on either side.

Binomial Probability Distribution

A probability distribution that summarizes the likelihood that a variable will take one of two independent values under a given set of parameters or assumptions.