What is binomial distributions-why important to modern times

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1. Should technical errors in the notices of sale render the sales commercially unreasonable? Should sales occur later in the day to maximize participation? Should the creditor have to provide an appraisal of all collateral sold in order to satisfy the commercially reasonable sale requirement?

2. What is binomial distributions and why important to modern times?

3. Why is poisson distribution is something that can be used in our business to detect the probability of rare event?

Reference no: EM132297867

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