A Dictionary Contains 500 Pages

question 39

Multiple Choice

A dictionary contains 500 pages. If there are 200 typing errors randomly distributed throughout the book, usethe Poisson distribution to determine the probability that a page contains exactly three errors.

• A) 0.0072
• B) 0.0005
• C) 0.1734
• D) 0.0129

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Definitions:

Balance Sheet

A financial statement that displays a company's assets, liabilities, and shareholders' equity at a specific point in time.

Sources Of Financing

Various means through which a business or individual can obtain funds, including loans, equity, grants, and savings.

Comparative Financial Statement

Financial reports that provide a side-by-side comparison of a company's financial position and performance over different periods.

Base Period

A specific time period against which economic or financial data is compared or analyzed.