A probability distribution showing the probability of x successes in n trials, where the probability of success does not change from trial to trial, is termed a

The bandwagon effect takes place when currency traders move as a group in _____

Fill in the blank(s) with the appropriate word(s).

Which of the following is a primary reason that insurance consumers are not well-informed?

A) Insurers have not made much effort to inform consumers. B) The rewards of making informed decisions are not worth the cost of obtaining the needed information. C) State insurance regulators do not provide the needed information. D) Insurance prices are so low that most consumers do not care to be informed.