Which of the following is not a characteristic of an experiment where the binomial probability distribution is applicable?
A. The experiment has a sequence of n identical trials.
B. Exactly two outcomes are possible on each trial.
C. The trials are dependent.
D. The probabilities of the outcomes do not change from one trial to another.
Answer: C
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Indicate whether the statement is true or false
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A. an externality B. market failure C. government failure D. demand heterogeneity
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List different aspects of the diversified enterprise’s activities where scale economies can give rise to scope economies.
What will be an ideal response?