In a Poisson Probability Problem, the Rate of Errors Is

question 85

Multiple Choice

In a Poisson probability problem, the rate of errors is one every two hours. To find the probability of three defects in four hours,

• A) μ = 1, x = 4.
• B) μ = 2, x = 3.
• C) μ = 3, x = 2.
• D) μ = 3, x = 6.

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Definitions:

Return on Investment

A metric that assesses the effectiveness or profit generated from an investment by dividing the investment's return by its expense.

Kirkpatrick's Model

A framework for evaluating training programs using four levels: Reaction, Learning, Behavior, and Results.

Return on Expectations

The measure of the success of a project or training based on the stakeholders' initial objectives and outcomes.

Return on Investment

A performance measure used to evaluate the efficiency or profitability of an investment, comparing the magnitude and timing of gains from investment relative to its cost.