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9. Determine if the following probability experiment represents a binomial experiment. If not, explain why. If the probability experiment is a binomial experiment, state the number of trials, n, and probability of success, p. An investor randomly purchases 17 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. Select the correct choice below and, if necessary, fill in the answer boxes to complete your answer. O A. Yes, because the experiment satisfies all the criteria for a binomial experiment, = d pue B. No, because the experiment is not performed a fixed number of times. (Type integers or decimals. Do not round.) %3D = u C. No, because there are more than two mutually exclusive outcomes for each trial. D. No, because the trials of the experiment are not independent because the probability of success differs from trial to trial.

9. Determine if the following probability experiment represents a binomial experiment. If not, explain why. If the probability experiment is a binomial experiment, state the number of trials, n, and probability of success, p. An investor randomly purchases 17 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. Select the correct choice below and, if necessary, fill in the answer boxes to complete your answer. O A. Yes, because the experiment satisfies all the criteria for a binomial experiment, = d pue B. No, because the experiment is not performed a fixed number of times. (Type integers or decimals. Do not round.) %3D = u C. No, because there are more than two mutually exclusive outcomes for each trial. D. No, because the trials of the experiment are not independent because the probability of success differs from trial to trial.

MATLAB: An Introduction with Applications
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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9. Determine if the following probability experiment represents a binomial experiment. If not, explain why. If the probability experiment is a binomial experiment, state the number of trials, n, and probability of success, p. An investor randomly purchases 17 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. Select the correct choice below and, if necessary, fill in the answer boxes to complete your answer. O A. Yes, because the experiment satisfies all the criteria for a binomial experiment, = d pue B. No, because the experiment is not performed a fixed number of times. (Type integers or decimals. Do not round.) %3D = u C. No, because there are more than two mutually exclusive outcomes for each trial. D. No, because the trials of the experiment are not independent because the probability of success differs from trial to trial.
Transcribed Image Text:9. Determine if the following probability experiment represents a binomial experiment. If not, explain why. If the probability experiment is a binomial experiment, state the number of trials, n, and probability of success, p. An investor randomly purchases 17 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. Select the correct choice below and, if necessary, fill in the answer boxes to complete your answer. O A. Yes, because the experiment satisfies all the criteria for a binomial experiment, = d pue B. No, because the experiment is not performed a fixed number of times. (Type integers or decimals. Do not round.) %3D = u C. No, because there are more than two mutually exclusive outcomes for each trial. D. No, because the trials of the experiment are not independent because the probability of success differs from trial to trial.
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