Answer:
A. In a binomial distribution, the value ofx represents the number of successes in n trials, while in a geometric distribution, the value ofx represents the first trial that results in a success.
Step-by-step explanation:
Previous concepts
The binomial distribution is a "DISCRETE probability distribution that summarizes the probability that a value will take one of two independent values under a given set of parameters. The assumptions for the binomial distribution are that there is only one outcome for each trial, each trial has the same probability of success, and each trial is mutually exclusive, or independent of each other".
The probability mass function for the Binomial distribution is given as:
The geometric distribution represents "the number of failures before you get a success in a series of Bernoulli trials. This discrete probability distribution is represented by the probability density function:"
The most important difference is that in the binomial distribution, the value of x represents the successes in n trials.
And by the other hand in the geometric distribution, x represents the number of failures before you get a success in a series of Bernoulli trials.
So then the best answer for this case is:
A. In a binomial distribution, the value of x represents the number of successes in n trials, while in a geometric distribution, the value ofx represents the first trial that results in a success.
Card P's balance increased by $3.43 more than Card Q's balance. The accumulated total on Card P over the 4 years is $1080.70 and the accumulated total of Card Q is $1,206.28. Based on the principal outlay however, Card P would have netted a higher interest over Card Q when the principal is subtracted from the accumulated value. (For eg. Card P accumulated value $1080.70 less Principal $726.19 equals $354.51).The interests over the 4 years period would be $354.51 and $351.08 respectively, hence Card P having an increase in balance of $3.43 over Card Q.
Answer:
what are the options and is there a picture?
Step-by-step explanation: