The Probability That a Car Will Have a Flat Tire

question 41

Multiple Choice

The probability that a car will have a flat tire while driving through a certain tunnel is 0.00005. Use the Poisson distribution to approximate the probability that among 14,000 cars passing
Through this tunnel, exactly two will have a flat tire. Round your answer to four decimal
Places.

• A)0.1460
• B)0.8783
• C)0.1217
• D)0.1947
• E)0.1703

Know how express authority is created and utilized in agency relationships.

Analyze the protective measures for third parties under apparent authority doctrine.

Understand the concept of runout and its types in dimensional metrology.

Apply knowledge of circular and total runout tolerances in quality control.

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Definitions:

Business Cycle

The fluctuation in economic activity that an economy experiences over a period of time.

Disinflation

A reduction in the rate of inflation, indicating a slowdown in the rate at which prices for goods and services rise.

CPI

A gauge called the Consumer Price Index tracks the overall cost of a varied mix of consumer items and services like food, healthcare, and transport, by measuring their weighted average prices.

Cost Of Living

The amount of money needed to cover basic expenses such as housing, food, taxes, and healthcare in a particular place and time.