A Binomial Distribution Is Better Than a Poisson Distribution to Describe

question 62

True/False

A binomial distribution is better than a Poisson distribution to describe the occurrence of major oil spills in the Gulf of Mexico.

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Definitions:

Stable Internal

Characteristics or attributes within a person that are enduring and consistent across different situations, influencing behavior and attitudes.

Unstable External

Situations or factors outside an individual's control that are unpredictable and can affect their life or decisions.

External

Situated outside, coming from outside, or relating to an outer part or aspect of something.

Representativeness Heuristic

A mental shortcut where the likelihood of an object belonging to a category is judged based on how typical the object seems of that category.