Use the Poisson Probability Function to Find P(x > 13)

question 29

Multiple Choice

Use the Poisson probability function to find P(x > 13) , where λ = 5.

• A).0002
• B).0004
• C).0200
• D).0168
• E).0001

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Definitions:

Net Margin

A profitability metric calculated as net income divided by revenue, expressed as a percentage, indicating the percentage of revenue that translates into profit.

Full Selling Price

The total cost to the consumer to purchase a product or service, including any taxes, fees, or additional charges.

Return on Investment

A measure of the profitability of an investment, calculated as the net profit of the investment divided by its cost.

Net Profit

Represents the amount of money a company retains after subtracting all its expenses, taxes, and costs from its total revenue.