Condition of the binomial distribution

Assignment Help Financial Management

Reference no: EM13870635

Which one of the following is NOT a condition of the binomial distribution?

A. Independent trials

B. Only two outcomes

C. The probability of success remains constant from trial to trial

D. Sampling at least 10 trials

Reference no: EM13870635

Questions Cloud

American depository receipts that represent vale stock : Today, the stock price of VALE S.A. (based in Brazil) is priced at BRL 13 per share. The spot rate of the Brazilian Real (BRL) is $.25. During the next year, you expect that the stock price of Vale to Increase by 10%. You also expect that the BRL wil..

Foreign exchange rate : You just came back from India, where the Indian Rupee was worth $.015. You still have INR 50,000 from your trip and could exchange them for dollars at the airport, but the airport foreign exchange desk will only buy them for $.0125. Next week, you wi..

Calculate the firms degree of financial leverage : Carolina Fastener, Inc., makes a patented marine bulkhead latch that wholesales for $6.18. Each latch has variable operating costs of $3.44. Fixed operating costs are $49,600.00 per year. Calculate Carolina Fastener’s operating breakeven point. Calcu..

What is the fair market value of arthurs toys stock : Arthur’s toys paid a dividend of $3.00 recently. Company projections made by Arthur estimate the dividend will remain at that level for years 1 and 2. Following this, the dividend is supposed to grow at a 10% rate for years 3 and 4. Finally, the divi..

Condition of the binomial distribution : Which one of the following is NOT a condition of the binomial distribution?

Fixed overhead for administrative expenses-rent and salaries : A company has a cost of goods of 60% of the selling price of its products. It has $250,000 in fixed overhead for administrative expenses, rent and salaries. In addition, it spends 18% of every sales dollar on marketing. How long will it take to pay b..

Customers of a fast food chain order a hamburger : A total of 60% of the customers of a fast food chain order a hamburger, French fries, and a drink. If a random sample of 15 cash register receipts is selected, what is the probability that 10 or more will show that the above three food items were ord..

The number of electric stapler sales budgeted : Melbourne Company manufactures and sells electronic staplers for $16 each. If 10,000 units were sold in December and management forecasts 4% growth in sales each month, the number of electric stapler sales budgeted for March should be:

Debt features-loan agreement and restrictive covenant : Briefly explain the following debt features: Loan Agreement. Restrictive Covenant.

User Account

All Pages