Multiple Choice
The probability of a small business declaring bankruptcy was believed to be the same in any month.Also the number of small businesses that declared bankruptcy was the same every month.Which of the following distributions would you use to determine the probability that more than 3 bankruptcies will occur next month?
A) Hypergeometric distribution
B) Poisson distribution
C) Uniform distribution
D) Binomial distribution
Correct Answer:
Verified
Correct Answer:
Verified
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