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OpenStudy (anonymous):
The formula associated with a binomial model is What does the "q" in the formula represent? A. favorable outcomes B. number of trials C. probability of success D. probability of failure
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OpenStudy (anonymous):
same formula as before, and i get B as an answer, not to sure if thats the right answer
jimthompson5910 (jim_thompson5910):
hint: p+q = 1
OpenStudy (anonymous):
yea so it would be B right?
jimthompson5910 (jim_thompson5910):
what is p?
OpenStudy (anonymous):
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OpenStudy (agent0smith):
p is prob of success, q must be probability of...?
OpenStudy (anonymous):
failure! so D!
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