Discuss about the binomial distribution
Discuss the below:
1. Hypergeometric distribution (explain and give short example)
2. Binomial distribution (explain)
3. Poisson distribution (explain distribution and explain how to use the Poisson table)
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A. What is the projected payback period (to the closest year)? B. What is the project's discounted payback period?
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Hypergeometric distribution (explain and give short example)
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