Examlex

Solved

The Number of Power Outages at a Nuclear Power Plant

question 100

Short Answer

The number of power outages at a nuclear power plant has a Poisson distribution with a mean of 6 outages per year.The probability that there will be at least 3 power outages in a year is _____.


Definitions:

Indirect Method

A technique used in the statement of cash flows to adjust net income for the effects of non-cash transactions and changes in working capital to determine cash flow from operating activities.

Operating Activities

Activities directly related to the day-to-day operations of a business, such as sales, purchasing, payroll, and other routine business transactions.

Indirect Method

A way of reporting cash flows from operating activities on the statement of cash flows, adjusting net income for changes in non-cash accounts.

Net Decrease

This represents the overall reduction in a specific financial position or quantity over a period, after accounting for all increases and decreases.

Related Questions