Suppose the Probability of Finding a Defective Spot in an Area

question 249

Multiple Choice

Suppose the probability of finding a defective spot in an area on a piece of glass is the ratio of that area to the total area of the glass and the probability is the same across the whole glass.Which of the following distributions would you use to determine the probability of finding a defective spot in a randomly selected one square inch area on a piece of 10 feet by 10 feet glass?

• A)Normal distribution.
• B)Poisson distribution.
• C)Uniform distribution.
• D)Exponential distribution.

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Definitions:

Intragroup Dividends

Dividends paid between companies within the same group, which may have implications for the group's consolidated financial statements.

Tax Effect

The impact of tax on business decisions and financial transactions, influencing net income and cash flows.

Franked

In the context of Australian taxation, it refers to dividends that come with a credit for taxes the corporation has already paid.

Dividend Imputation

A tax system where companies’ paid taxes can be attributed to shareholders, reducing their personal income tax on dividends.