The Number of Typographical Errors in a Document Follows a Poisson

question 43

Multiple Choice

The number of typographical errors in a document follows a Poisson distribution with a mean of 2 errors per page. Let X represent the number of errors on 4 pages. Find P(5) .

• A) 0.1221
• B) 0.0916
• C) 0.9639
• D) 0.0361

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Definitions:

Profit

The financial gain obtained when the revenue generated from business activities exceeds the expenses, costs, and taxes needed to sustain the activity.

Risk-Free Rate

The theoretical rate of return of an investment with zero risk, typically represented by the yield of long-term government bonds.

Stock Index

A measurement of the performance of a group of stocks, which represents a portion of the overall market.

Anticipated Dividend

Expected payment of dividends from a stock, often based on the company's earnings forecasts or past dividend payments.