Which of the Following Is Not a Characteristic of an Experiment

question 26

Multiple Choice

Which of the following is not a characteristic of an experiment where the binomial probability distribution is applicable?

• A)the experiment has a sequence of n identical trials
• B)exactly two outcomes are possible on each trial
• C)the trials are dependent
• D)the probabilities of the outcomes do not change from one trial to another

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Definitions:

Profit And Loss

The financial statement that summarizes revenues, costs, and expenses to show the net profit or loss of a business over a specific time period.

Negative Externalities

Costs suffered by a third party as a result of an economic transaction, which are not reflected in the transaction's price, such as pollution caused by manufacturing.

Special-Interest Effect

The impact on policy or decision-making driven by the concentrated benefits to a small group while the costs are dispersed among the general population.

Pork-Barrel Politics

Refers to the allocation of public funds for projects designed primarily to benefit constituents of a politician in return for their political support.