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 _____.

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Definitions:

Liability

Obligations or debts that a business owes to external parties, which need to be settled over time through the transfer of economic benefits.

Stock Dividend

A dividend payment made in the form of additional shares rather than a cash payout, increasing the number of shares owned.

Share Capital

The total amount of money that a company has raised from investors through the sale of shares.