Question Help Determine whether the following probability experiment represents a binomial experiment and explain the reason for your answer. An investor randomly purchases 9 stocks listed on a stock exchange. Historically, the probability that a stock listed on this exchange will increase in value over the course of a year is 44%. The number of stocks that increase in value is recorded. Does the probability experiment represent a biniomial experiment? OA. No, because the trials of the experiment are not independent. B. No, because there are more than two mutually exclusive outcomes for each trial. C. No, because the probability of success differs from trial to trial O D. Yes, because the experiment satisfies all the criteria for a binomial experiment. ? Click to select your answer. 3:29 PM 19 10/23/2019 Type here to search Oaus ి break 16 esc & % 7 $ 6 3 2 U T R E W llE G I H JK 00 LA
Question Help Determine whether the following probability experiment represents a binomial experiment and explain the reason for your answer. An investor randomly purchases 9 stocks listed on a stock exchange. Historically, the probability that a stock listed on this exchange will increase in value over the course of a year is 44%. The number of stocks that increase in value is recorded. Does the probability experiment represent a biniomial experiment? OA. No, because the trials of the experiment are not independent. B. No, because there are more than two mutually exclusive outcomes for each trial. C. No, because the probability of success differs from trial to trial O D. Yes, because the experiment satisfies all the criteria for a binomial experiment. ? Click to select your answer. 3:29 PM 19 10/23/2019 Type here to search Oaus ి break 16 esc & % 7 $ 6 3 2 U T R E W llE G I H JK 00 LA
College Algebra
7th Edition
ISBN:9781305115545
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter9: Counting And Probability
Section9.3: Binomial Probability
Problem 40E: Telephone Marketing A mortgage company advertises its rates by making unsolicited telephone calls to...
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Determine whether the following probability experiment represents a binomial experiment and explain the reason for your answer.
An investor randomly purchases 9 stocks listed on a stock exchange. Historically, the probability that a stock listed on this exchange will increase in value over the course of a year is 44%. The number of stocks that
increase in value is recorded.
Does the probability experiment represent a biniomial experiment?
OA. No, because the trials of the experiment are not independent.
B. No, because there are more than two mutually exclusive outcomes for each trial.
C. No, because the probability of success differs from trial to trial
O D. Yes, because the experiment satisfies all the criteria for a binomial experiment.
?
Click to select your answer.
3:29 PM
19
10/23/2019
Type here to search
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16
esc
&
%
7
$
6
3
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LA
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