The Number of Traffic Accidents Per Day on a Certain

question 129

Multiple Choice

The number of traffic accidents per day on a certain section of highway is thought to be Poisson distributed with a mean equal 2.19. Then the probability of no accidents on this section of highway during one day period is approximately:

• A) 0.457
• B) 0.112
• C) 0.318
• D) 0.296
• E) 0.211

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Definitions:

Reaffirmation Agreement

An agreement in which the debtor agrees to pay a debt even though it could have been discharged in bankruptcy.

Discharged Debt

Debt that has been formally released or forgiven, relieving the debtor of any further responsibility to repay it.

Trustee

An individual or company responsible for managing and overseeing assets or property on behalf of another party.

Chapter 7 Bankruptcy

A provision of the bankruptcy code that allows individuals and businesses to discharge or eliminate most of their debts through the liquidation of assets.