The Hypergeometric Distribution Must Be Used Instead of the Binomial

question 27

Multiple Choice

The hypergeometric distribution must be used instead of the binomial distribution when ______

• A)sampling is done with replacement
• B)sampling is done without replacement
• C)n≥5% N
• D)both b and c
• E)there are more than two possible outcomes

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Definitions:

Discount Account

An account that represents the difference between a bond's face value and its selling price when it is sold at less than its face value.

Debt to Assets Ratio

A financial ratio that measures the percentage of a company's assets financed by creditors through debt, indicating the degree of financial leverage.

Total Debt

The sum of all liabilities, both current and long-term, that a company owes.

Long-Term Liabilities

Financial obligations of a company that are due beyond one year from the balance sheet date.