Examlex
Use the Poisson Distribution to find the indicated probability. Round to three decimal places when necessary.
-For a certain type of fabric, the average number of defects in each square foot of fabric is 0.2. Find the probability that a randomly selected square foot of the fabric will contain more than one defect.
In-kind Benefit
Non-monetary goods or services provided to individuals in need, such as food assistance, housing, or healthcare, instead of cash payments.
Welfare Program
Governmental provisions designed to support the well-being of its citizens, particularly those in financial or social need.
Income Distribution
The way in which total income is shared among the population.
Income-equality Measures
Statistical tools used to assess the distribution of income across a population, indicating the level of income equality or inequality.
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