A Hypergeometric Random Variable X Has a Distribution That Is

question 10

Multiple Choice

A hypergeometric random variable x has a distribution that is approximated by a binomial distribution when

• A) the number of successes is larger than the number of failures in the population.
• B) a sample is selected from the population without replacement.
• C) the population is much larger than the sample size.
• D) the sample size is half the size of the original population.

Recognize the legal implications of promissory estoppel and how it relates to agreements without consideration.

Identify the conditions under which charitable pledges may be considered enforceable contractual obligations.

Appreciate the legality and enforceability of various contractual agreements, including those involving forbearance and illusory promises.

Grasp the concept of legal detriment and how it is required for mutual exchange in contracts.

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Ethnicity

A category of people who identify with each other based on common ancestral, social, cultural, or national experiences.

Customer Satisfaction

A measure of how products or services supplied by a company meet or surpass customer expectation.

Productivity

The efficiency of production of goods or services, measured by the output per unit of input.

Community

A group of people living in the same place or having a particular characteristic in common.