If One Wanted to Find the Probability of Ten Customer

question 59

Multiple Choice

If one wanted to find the probability of ten customer arrivals in an hour at a service station, one would generally use the _____ probability distribution.

• A) binomial
• B) Poisson
• C) hypergeometric
• D) exponential

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Definitions:

Financing Activities

Transactions related to raising capital and repaying investors, including issuing equity, obtaining loans, and dividend payments, affecting the company's capital structure.

Bonds

Fixed income investment products that represent loans made by an investor to a borrower, typically corporate or governmental.

Direct Method

A cash flow statement presentation that lists operating cash receipts and payments, providing a clear view of cash sources and uses.

Operating Activities

Activities that relate to the core operations of a company, including the production, distribution, and sale of goods and services.