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The Number of Traffic Accidents That Occur on a Particular

question 116

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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.


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Liquidating Dividend

A type of dividend paid by a company to its shareholders out of its capital base, indicating a return of some of the original investment rather than profit.

Capital Contributed

The total value of cash and other assets that shareholders or owners have given to a company in exchange for an ownership interest.

Federal Law

Legislation enacted by the national government of a country, applicable across the entire country.

Premium on Stock

The amount by which the sale price of a stock exceeds its par value, often occurring when investors view the company as having strong future prospects.

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