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Use the Poisson model to approximate the probability. Round your answer to four decimal places.
-The probability that a car will have a flat tire while driving through a certain tunnel is 0.00004. Use the Poisson distribution to approximate the probability that among 11,000 cars passing through this tunnel, at most two will
Have a flat tire.
Managerial Concerns
Managerial Concerns are the issues, challenges, or responsibilities faced by managers in the course of executing their duties to achieve organizational goals.
Global Corporation
A business entity that operates in multiple countries, often with a centralized headquarters but decentralized operations.
Autonomous Units
Divisions or segments within an organization that operate independently with their own budgets and decision-making powers.
Home-Country Nationals
Individuals who are citizens of the country where a multinational company originates, as opposed to host-country nationals or third-country nationals.
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