Which One of the Following Statements Is Not an Assumption

question 24

Multiple Choice

Which one of the following statements is not an assumption of the binomial distribution?

• A) Sampling is with replacement.
• B) The experiment consists of n identical trials.
• C) The probability of success remains constant from trial to trial.
• D) Trials are independent of each other.
• E) Each trial results in one of two mutually exclusive outcomes.

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Definitions:

Accounts Receivable

Accounts Receivable is the money owed to a company by its customers for goods or services that have been delivered but not yet paid for.

Accounts Payable

Liabilities or money owed by a business to its suppliers or creditors for goods or services received.

Price-Earnings Ratio

A valuation ratio of a company's current share price compared to its per-share earnings.

Market Price

The present rate at which a service or asset is available for purchase or sale in a market.