A Company Has 125 Personal Computers

question 53

Multiple Choice

A company has 125 personal computers.The probability that any one of them will require repair on a given day is 0.025.To find the probability that exactly 20 of the computers will require repair on a given day, one will use what type of probability distribution?

• A)binomial distribution.
• B)Poisson distribution.
• C)Either of the above
• D)none of the above.

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Definitions:

Common Stock

Represents ownership shares issued by a corporation, giving holders voting rights and a share in the company's profits via dividends.

Retained Earnings

Profits that a company has earned to date, less any dividends or other distributions to shareholders, reinvested in the business.

Measure Of Liquidity

Indicators that demonstrate a company's ability to cover its short-term obligations with its liquid assets.

Debt-Equity Ratio

A gauge of how much a corporation leans on debt, by dividing all owed sums by the total equity of its stockholders.