Determine if the following probability experiment represents

Last updated: 11/9/2023

Determine if the following probability experiment represents a binomial experiment If not explain why If the probability experiment is a binomial experiment state the number of trials n and probability of success p An investor randomly purchases 13 stocks listed on a stock exchange Historically the probability that a stock listed on this exchange will increase in value over the course of a year is 42 The number of stocks that increase in value is recorded S www w Select the correct choice below and if necessary fill in the answer boxes to complete your answer OA Yes because the experiment satisfies all the criteria for a binomial experiment and p Type integers or decimals Do not round n OB No because the experiment is not performed a fixed number of times OC No because there are more than two mutually exclusive outcomes for each trial D No because the trials of the experiment are not independent because the PATE differs from trial to trial