Business Management

Business Management Question

Q uestion

Real life applications

Description:

"Real-Life Applications of Binomial Distribution" (Note: Please respond to one [1] of the following two [2] bulleted items) Provide one (1) real-life example or application of a binomial distribution. Explain how the example matches the conditions for the binomial distribution. Determine the conditions under which you would use a discrete probability distribution rather than a continuous probability distribution. Provide one (1) example to illustrate your reasoning.



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