This topic contains a solution. Click here to go to the answer

Author Question: The binomial probability distribution is used extensively in many applied business and economic ... (Read 59 times)

sc00by25

  • Hero Member
  • *****
  • Posts: 596
The binomial probability distribution is used extensively in many applied business and economic problems.
 
  Indicate whether the statement is true or false

Question 2

Bivariate probabilities have broad applications in business and economics because they provide information that involves two distinct sets of events.
 
  Indicate whether the statement is true or false



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

atrochim

  • Sr. Member
  • ****
  • Posts: 331
Answer to Question 1

TRUE

Answer to Question 2

TRUE





 

Did you know?

If all the neurons in the human body were lined up, they would stretch more than 600 miles.

Did you know?

According to the CDC, approximately 31.7% of the U.S. population has high low-density lipoprotein (LDL) or "bad cholesterol" levels.

Did you know?

Medications that are definitely not safe to take when breastfeeding include radioactive drugs, antimetabolites, some cancer (chemotherapy) agents, bromocriptine, ergotamine, methotrexate, and cyclosporine.

Did you know?

The human body's pharmacokinetics are quite varied. Our hair holds onto drugs longer than our urine, blood, or saliva. For example, alcohol can be detected in the hair for up to 90 days after it was consumed. The same is true for marijuana, cocaine, ecstasy, heroin, methamphetamine, and nicotine.

Did you know?

In the ancient and medieval periods, dysentery killed about ? of all babies before they reach 12 months of age. The disease was transferred through contaminated drinking water, because there was no way to adequately dispose of sewage, which contaminated the water.

For a complete list of videos, visit our video library