Assignment 2 (Project) Week 3 Project Week 3 Using the ROI data set Go to your textbook What are the 4 characteristics of a binomial experiment from the textbook List those Now, explain HOW the following scenario fits EACH of the requirements for a binomial experiment that you just listed in 1 In other words, you are justifying why this scenario fits each of the 4 criteria Connect each characteristic to something in the scenario Scenario We randomly select a college from the engineering major spreadsheet and then record whether it is of School Type Private or not The college is returned to the pool that we are picking from and is able to be selected again We repeat this process 17 times For each of the 2 majors determine if the Annual ROI appears to be normally distributed

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Question: Assignment 2 (Project) Week 3 Project Week 3 Using the ROI data set: Go to your textbook. What are the 4 characteristics of a binomial

Assignment 2 (Project) Week 3

Project Week 3

Using the ROI data set:

Go to your textbook. What are the 4 characteristics of a binomial experiment from the textbook? List those.

Now, explain HOW the following scenario fits EACH of the requirements for a binomial experiment that you just listed in #1. In other words, you are justifying why this scenario fits each of the 4 criteria. Connect each characteristic to something in the scenario.

Scenario: We randomly select a college from the engineering major spreadsheet and then record whether it is of School Type Private or not. The college is returned to the pool that we are picking from and is able to be selected again. We repeat this process 17 times.

For each of the 2 majors determine if the Annual % ROI appears to be normally distributed.

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