If You Are Conducting an Experiment Where the Probability of a Success

question 77

Multiple Choice

If you are conducting an experiment where the probability of a success is .02 and you are interested in the probability of 4 successes in 15 trials,the correct probability function to use is the

• A)standard normal probability density function
• B)normal probability density function
• C)Poisson probability function
• D)binomial probability function

---

Definitions:

Skill-Based Pay

A compensation system where pay levels are determined by an employee’s skills, knowledge, and the ability to perform certain tasks, rather than job title or rank.

Large Hotel

A significant accommodation facility offering a range of services, often including rooms, food, and entertainment, for travelers and guests.

Flexibility

The ability to adapt to changes or to adjust operations, policies, or procedures as required by circumstances or business needs.

High-Involvement Firms

Organizations that engage employees in decision-making processes, contributing to a sense of ownership and motivation.