The Number of Traffic Accidents That Occur on a Particular

question 116

Multiple Choice

The number of traffic accidents that occur on a particular stretch of road during a month follows a Poissondistribution with a mean of 7.5. Find the probability of observing exactly five accidents on this stretch of roadnext month.

• A) 0.109375
• B) 1.332455
• C) 0.805166
• D) 9.808925

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Definitions:

Surplus

The amount by which revenues, resources, or supplies exceed what is needed or used; in finance, it refers to profit or the amount by which income exceeds expenditures.

Revised Article 9

An update to the Uniform Commercial Code that deals with secured transactions; it governs the process of securing assets to back a loan.

UCC

The Uniform Commercial Code is a widespread legislative schema that guides all commercial operations in the United States.

Security Agreement

is a legal document that provides a lender a security interest in a specified asset or property that serves as collateral for a loan.