The Poisson Distribution Is Being Used to Approximate a Binomial

question 59

Multiple Choice

The Poisson distribution is being used to approximate a binomial distribution.If n=30 and p=0.03, what value of lambda would be used?

• A)0.09
• B)9.0
• C)0.90
• D)90
• E)30

Identify and differentiate among types of filing systems.

Recognize the importance of indexing rules in organizing records.

Acknowledge the need for security, accessibility, and preservation of records.

Apply safety guidelines for equipment use in the office.

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Definitions:

Taxes

Mandatory monetary payments or fees imposed by the government on people or organizations to finance public spending.

Bankruptcy Claims

Financial demands made by creditors against a debtor who has declared bankruptcy.

Debt/Equity Ratio

The financial ratio that illustrates the use of shareholders' equity versus debt in funding company assets.

M&M Proposition II

A firm’s cost of equity capital is a positive linear function of its capital structure.