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CIPS Exam L5M2 Topic 1 Question 8 Discussion

Actual exam question for CIPS's L5M2 exam
Question #: 8
Topic #: 1
[All L5M2 Questions]

Which of the following statements about binomial distribution are true? Select THREE

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Suggested Answer: A, C, D

1, 3 and 4 are the correct options. Binomial is based on discreate events not continuous and it assumes the events of each trial are independent of one another. This YouTube video explains it all perfectly using the chance that an ice-cream cone is broken. It's a nice memorable example to help you remember what binomial distribution is and how it works: https://www.youtube.com/watch?v=3EZbX2ftCUk - it's a very memorable example and really helped me. You can also see more info in the cips textbook p.131


by Rodolfo at Dec 29, 2022, 01:07 PM

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