Solved

A Certain Type of New Business Succeeds 60% of the Time.Suppose

Question 82

Multiple Choice

A certain type of new business succeeds 60% of the time.Suppose that three such businesses open (where they do not compete with each other,so it is reasonable to believe that their relative successes would be independent) .Which of the following distributions would you use to determine the probability that all of them will fail?


A) Binomial distribution.
B) Hypergeometric distribution.
C) Poisson distribution.
D) None of the above.

Correct Answer:

verifed

Verified

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

Related Questions