The Mean Number of Pages Per Day Written by an Author

question 64

Multiple Choice

The mean number of pages per day written by an author is 27. What is the probability this author writes 33 pages on a particular day? Assume a Poisson distribution for this scenario.

• A) 0.0372.
• B) 0.9628.
• C) 0.4277.
• D) 0.9572.

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Definitions:

Natural Resources

Materials or substances occurring in nature which can be exploited for economic gain, such as minerals, forests, water, and fertile land.

Market Value

The market value at which a service or asset is currently available for purchase or sale.

Salvage Value

The projected remainder worth of a property upon reaching the end of its service period, frequently factored into depreciation estimations.

Depletion

The reduction in the value of natural resources, such as minerals, oil, and gas, as they are extracted and utilized.