Explain the Characteristics and Applications of Discrete Probability Distributions Use

question 10

Multiple Choice

Explain the characteristics and applications of discrete probability distributions Use the data given below to answer the following question(s) .
On an average, the number of students that choose to study Arts subjects at Greyin Tide University is 17 each year. (Hint: Use Poisson distribution formula) .
-What is the probability of 8 takers or less for Arts subjects in the coming year?

• A) 0.00716
• B) 0.01260
• C) 0.03164
• D) 0.04744

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Definitions:

Marketing Dollars

The term refers to the budget allocated for marketing activities, including advertising, promotions, and public relations.

Showrooms

Physical spaces designed to display products or materials in an attractive setting for the purpose of marketing and sales.

Organizational Resistance

Opposition or pushback from employees or members of an organization against changes, policies, or initiatives perceived as threatening or unfavorable.

Interorganizational Agreements

Collaborative contracts or arrangements between two or more organizations aiming to achieve mutual goals.