Which Distribution Is a Discrete Probability Distribution That Counts the Number

question 10

Multiple Choice

Which distribution is a discrete probability distribution that counts the number of events,such as large stock price moves,that occur over a period of time?

• A) Latin hypercube
• B) Normal
• C) Lognormal
• D) Poisson

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Definitions:

Variable Costing

A costing method that includes only variable production costs—direct materials, direct labor, and variable manufacturing overhead—in product costs.

Direct Materials

Materials that can be directly linked to the production of a product and are essential components of the final product.

Fixed Costs

Charges that do not fluctuate with production or sales volume, such as property leases, payroll, and insurance policies.

Income Statement

A financial statement that shows a company's revenues, expenses, and profits over a specific period.