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
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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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
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