Question: This question: 1 point(s) possible Determine if the following probability experiment represents a binomial experiment. If not, explain why. If the probability experiment is a

This question: 1 point(s) possible 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. Select the correct choice below and, if necessary, fill in the answer boxes to complete your answer. O A. Yes, because the experiment satisfies all the criteria for a binomial experiment, n = and p= . (Type integers or decimals. Do not round.) O B. No, because the trials of the experiment are not independent because the probability of success differs from trial to trial. O C. No, because the experiment is not performed a fixed number of times. O D. No, because there are more than two mutually exclusive outcomes for each trial. Statcrunch Calculator Time Remaining: 01:12:02 Next MacBook Air
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