This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The binomial probability distribution is used extensively in many applied business and economic ... (Read 48 times)

sc00by25

  • Hero Member
  • *****
  • Posts: 596
on: Jun 24, 2018
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
Reply #1 on: Jun 24, 2018
Answer to Question 1

TRUE

Answer to Question 2

TRUE


sc00by25

  • Hero Member
  • *****
  • Posts: 596
Reply #2 on: Jun 24, 2018
Thank you :)


atrochim

  • Sr. Member
  • ****
  • Posts: 331
Reply #3 on: Jun 24, 2018
Happy to help you


« previous next »
 

Did you know?

Computer programs are available that crosscheck a new drug's possible trade name with all other trade names currently available. These programs detect dangerous similarities between names and alert the manufacturer of the drug.

Did you know?

It is important to read food labels and choose foods with low cholesterol and saturated trans fat. You should limit saturated fat to no higher than 6% of daily calories.

Did you know?

Despite claims by manufacturers, the supplement known as Ginkgo biloba was shown in a study of more than 3,000 participants to be ineffective in reducing development of dementia and Alzheimer’s disease in older people.

Did you know?

Hypertension is a silent killer because it is deadly and has no significant early symptoms. The danger from hypertension is the extra load on the heart, which can lead to hypertensive heart disease and kidney damage. This occurs without any major symptoms until the high blood pressure becomes extreme. Regular blood pressure checks are an important method of catching hypertension before it can kill you.

Did you know?

Oxytocin is recommended only for pregnancies that have a medical reason for inducing labor (such as eclampsia) and is not recommended for elective procedures or for making the birthing process more convenient.

A weather map depicting the sea-level pressure distribution for March 4, 1994. A weather map depicting the sea-level pressure distribution for March 4, 1994.
Distribution and Forms of Precipitation: Snow Distribution and Forms of Precipitation: Snow
A Frequency Distribution A Frequency Distribution
economic question economic question
economic question economic question
economic question economic question
Video: Rods and Cones Animation

For a complete list of videos, visit our video library