The Mean Number of Errors Per Page Made by a Member

question 80

Multiple Choice

The mean number of errors per page made by a member of the word processing pool for a large company is thought to be 1.5 with the number of errors distributed according to a Poisson distribution. If three pages are examined, what is the probability that more than 3 errors will be observed?

• A) 0.6577
• B) 0.6969
• C) 0.7324
• D) 0.7860

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Definitions:

Dividend Growth Rate

The rate of growth in a company's dividend payments, expressed as an annual percentage.

Expected Return

The anticipated profit or loss from an investment over a certain period of time, often expressed as a percentage.

Paid Dividends

Cash or other assets distributed to shareholders out of a corporation's earnings.

Capital Gains Yield

The increase in price of an investment, measured by the difference between the purchase price and the selling price, relative to the purchase price.