A Statistics Professor Finds That When He Schedules an Office

question 89

Multiple Choice

A statistics professor finds that when he schedules an office hour at the 10:30 a.m. time slot, an average of three students arrive. Use the Poisson distribution to find the probability that in a randomly selected office hour in
The 10:30 a.m. time slot exactly two students will arrive.

• A)0.2241
• B)0.6091
• C)0.1992
• D)0.5415

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Definitions:

Capital Balance

The amount of owner's equity or shareholder's equity in a business, representing the owner's investment.

Net Assets

The total assets minus total liabilities of an entity, representing the owners' equity.

Capital Balances

The amounts recorded in the equity section of a company's balance sheet for the owners' or shareholders' investments.

Partners' Equity

The total value of capital contributed by partners and the accumulated profits of a partnership firm, minus any withdrawals.