Question: What statement is correct about a binomial distribution? Binomial distributions are commonly used in queueing theory. The binomial distribution is commonly used. The binomial distribution

What statement is correct about a binomial distribution? Binomial distributions are commonly used in queueing theory. The binomial distribution is commonly used. The binomial distribution is used to determine the probability of a specific outcome in a given amount of time. The binomial distribution is not commonly used

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