A recent article in the paper claims that business ethics are at an all-time low. Reporting on a recent sample, the paper claims that  45% of all employees believe their company president possesses low ethical standards. Suppose 20 of a company's employees are randomly and independently sampled and asked if they believe their company president has low ethical standards and their years of experience at the company. Could the probability distribution for the number of years of experience be modeled by a binomial probability distribution? Group of answer choices No, a binomial distribution requires only two possible outcomes for each experimental unit sampled. Yes, the sample is a random and independent sample. Yes, the sample size is n = 20. No, the employees would not be considered independent in the present sample.

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A recent article in the paper claims that business ethics are at an all-time low. Reporting on a recent sample, the paper claims that  45% of all employees believe their company president possesses low ethical standards. Suppose 20 of a company's employees are randomly and independently sampled and asked if they believe their company president has low ethical standards and their years of experience at the company. Could the probability distribution for the number of years of experience be modeled by a binomial probability distribution?

Group of answer choices
No, a binomial distribution requires only two possible outcomes for each experimental unit sampled.
Yes, the sample is a random and independent sample.
Yes, the sample size is n = 20.
No, the employees would not be considered independent in the present sample.
Expert Solution
Step 1

Binomial distribution has n independent Bernoulli trial. Here n is finite and fixed. Each trial result is either success or failure. They are mutually exclusive and exhaustive. Sucess is denoted by 'p'

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