Assume That a Random Variable Has a Poisson Distribution with a Mean

question 31

Multiple Choice

Assume that a random variable has a Poisson distribution with a mean of 5 occurrences per ten minutes.The number of occurrences per hour follows a Poisson distribution with λ equal to _________

• A)5
• B)60
• C)30
• D)10
• E)20

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Definitions:

Right to Safety

A consumer right emphasizing the need for products and services to not harm their health or well-being.

Fire Hazard

Any condition, object, or practice that increases the potential for a fire to occur, posing risks to property and personal safety.

High-technology

Advanced technological development, especially in electronics and telecommunications, characterized by cutting-edge innovations.

Economic Espionage

The act of obtaining confidential economic information from a competitor or foreign government for commercial advantage.