Use the Appropriate Probability Model (Poisson)

question 1

Multiple Choice

Use the appropriate probability model (Poisson) .
-For quality control purposes, a company that manufactures copper sheets routinely
Takes samples from its production process. Since its product is often used for decorative
Purposes, one inspection check involves counting the number of imperfections or flaws
On sheets that measure 36 sq. ft. Suppose the average number of imperfections per sheet
Of this size is 3. What is the probability that a sheet half this size (18 sq. ft.) has 2
Imperfections?

• A) 0.4232
• B) 0.2510
• C) 0.2240
• D) 0.5689
• E) 0.0034

---

Definitions:

Earning Revenue

The process of generating income from the sale of goods or services over a specific period.

Operating Leases

Lease agreements that allow for the use of an asset but do not confer ownership rights of the asset to the lessee.

Intangible Asset

An asset without physical substance that provides economic benefit, such as patents, copyrights, trademarks, and goodwill.

Lease Term

The duration for which a lease agreement is effective, specifying the start and end dates.