Concept explainers
What should you consider when using a binomial distribution to make a decision?
Answer to Problem 43HP
Explanation of Solution
Given information:
What should you consider when using a binomial distribution to make a decision?
Calculation:
The things to be considered as when using a binomial distribution to make a decision, by experiment are,
For example if
One should make sure that the decision a person takes is not purely random. A surveyor needs to take care of the biasing on the basis of sex, age group, financial situations etc,
The binomial experiment can be only applied to those situations where there is certainly success or failure. There should not be any third possibility.
Hence, a binomial distribution to make a decision is certainly
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Glencoe Algebra 2 Student Edition C2014
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