Find the Standard Deviation of the Poisson Random Variable

question 34

Multiple Choice

Find the standard deviation of the Poisson random variable. Round to three decimal places.
-Suppose X has a Poisson distribution with parameter ʎ = 1.300. Find the standard deviation of X.

• A)1.690
• B)1.14
• C)1.300
• D)1.000

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Definitions:

Depreciation Rate

The rate at which an asset's value is reduced over time for accounting and tax purposes.

Asset Retirement Obligation

A legal obligation associated with the retirement of a tangible long-lived asset, where the entity is required to remove or dispose of the asset.

Contra-Liability Account

An account that decreases the balance of a related liability account, representing a credit balance in the liability section of the balance sheet.