The Number of Visible Defects on a Product Container Is

question 54

Multiple Choice

The number of visible defects on a product container is thought to be Poisson distributed with a mean equal to 3.5. Based on this, the probability that 2 containers will contain a total of less than 2 defects is:

• A) 0.0223
• B) 0.1359
• C) 0.0073
• D) 0.1850

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Definitions:

Aggregate Forecasts

Predictions made about future demand, sales, or other financial metrics, based on historical data and analysis of market trends, on a collective basis.

Disaggregate Forecasts

Breaking down aggregate forecasts into more detailed, specific forecasts for individual products, locations, or time periods.

Standard Deviation

A statistical measurement that sheds light on the dispersion of a dataset, indicating how much individual data points differ from the mean.

Error Relative

A measure of the difference between an observed or calculated value and the true value, often expressed as a percentage.