Which of the following best describes the binomial probability distribution?
a. If is a probability distribution that shows the probabilities associated with possible values of a discrete random variable when these values are generated by sampling without replacement and the probability of success, therefore, changes from one trial to the next.
b. It is a probability distribution that shows the probabilities associated with possible values of a discrete random variable when these values equal the number of occurrences of a specified event within a specified time or space.
c. It is a probability distribution that shows the probabilities associated with possible values of a discrete random variable that are generated by a binomial experiment.
d. It is a probability distribution that shows the probabilities associated with possible values of a continuous random variable that are generated by a binomial experiment.
e. None of these.
Question 2
The coefficient of linear correlation is also commonly referred to as Pearson's product moment, r.
Indicate whether the statement is true or false
Distribution of TBW
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Construct a Lorenz curve that shows income distribution in this society.