Find the Indicated Mean

question 82

Multiple Choice

Find the indicated mean.
-A classical example of the Poisson distribution involves the number of deaths caused by horse kicks to men in the Prussian Army between 1875 and 1894. Data for 9 corps were combined for the 20-year period, and the 180
Corps-years included a total of 135 deaths. Suppose the Poisson distribution will be used to find the probability
That a randomly selected corps-year has more than 2 deaths. Find the mean of the appropriate Poisson
Distribution (the mean number of deaths per corps-year) . Round your answer to the nearest hundredth.

• A) 0.75
• B) 6.75
• C) 1.33
• D) 15

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Definitions:

Total Costs Added

The total amount of direct materials, direct labor, and overhead costs incurred during a specific period for the goods produced.

Work in Process

Inventory representing items that have started the production process but are not yet complete, indicating ongoing manufacturing activities.

Finished Goods Inventory

The inventory of completed products that are ready to be sold.

Beginning of Year

The start of a calendar or fiscal year, commonly used as a reference point for financial and accounting purposes.