Which of the following is true for binomial, Operation Management

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Which of the following is true for binomial

1. Which of the following is true for binomial distribution?

A. Can be used to approximate many other distibutions.

B. Is an example of a discrete distribution

C. All outcomes are equl-proabable(Probability is the same for all outcomes)

D. The two possible outcomes, Success and Failute are equalprobable

2. Which of the following is false?

A. Probabilities of varios scenarios can be incorporated

B. You work from left to right to find the optimal decision

C. Decision trees can be used to model uncertainty

D. Decision trees consist of modes and branches

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