Use the Data Given Below to Answer the Following Questions)

question 6

Multiple Choice

Use the data given below to answer the following questions) .
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) .
-Which of the following characterizes a continuous random variable for which all outcomes between some minimum and maximum value are equally likely?

• A) exponential distribution
• B) uniform distribution
• C) normal distribution
• D) lognormal distribution

---

Definitions:

Recycling Revenue

Recycling revenue refers to the income generated from collecting, processing, and selling recycled materials, which can significantly contribute to an organization's or municipality's financial health and sustainability efforts.

Processing Cost

The expenses involved in the operation of transforming raw materials into finished products, including labor, utilities, and equipment depreciation.

Disposal Cost

The expenses associated with getting rid of waste products or obsolete inventory from a business.

Revenue Retrieval

The process of collecting and bringing back revenue that might have been lost, underreported, or incorrectly processed.