Solved

It Was Believed That the Probability of a Small Business

Question 303

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 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:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions