How does a multinomial distribution differ from a binomial distribution?
a. A binomial has only two possible categories and a multinomial can have more.
b. A binomial has a fixed number of n trials. A multinomial has a fixed number of nk trials, where k is the number of categories.
c. The probabilities in a binomial distribution are always p and 1 - p. The trials in a multinomial distribution are always p/k and (1 - p/k).
d. All of these choices are true.
A
You might also like to view...
A journal entry that affects only two accounts is called a compound entry.
Answer the following statement true (T) or false (F)
Cash larceny involves stealing cash from an organization before it is recorded on the organization's books and records
Indicate whether the statement is true or false
In the marine insurance industry, a "free from particular average" policy provides more protection than a "with average" policy
Indicate whether the statement is true or false
To have an illegal monopoly, a company must: I. Control the market. II. Maintain its control improperly. III. Have a market share greater than 50 percent
a. I, II, and III. b. I and II. c. II and III. d. I and III. e. Neither I, II, nor III.