Multiple Choice
It was believed that the probability of a small business that declared bankruptcy per month was 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 figure out the probability that more than 3 bankruptcies will occur next month?
A) exponential distribution
B) hypergeometric distribution
C) Poisson distribution
D) uniform distribution
Correct Answer:

Verified
Correct Answer:
Verified
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