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Use the Poisson Distribution to find the indicated probability. Round to three decimal places when necessary.
-The number of lightning strikes in a year at the top of a particular mountain has a Poisson distribution with parameter = 3.8. Find the probability that in a randomly selected year, the
Number of lightning strikes is
Retrenchment
A strategy or action taken by businesses to reduce costs or spending in response to economic challenges, often involving cuts in workforce, operations, or investment.
Strong Cash Flow
A financial situation where a company has a steady and robust inflow of cash, indicating good liquidity and operational health.
High Performers
Employees or individuals who consistently exceed the standard expectations and objectives of their roles.
Stability
In a business context, refers to the consistency, reliability, and predictability of a company's financial status, growth, and operational processes over time.
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