Given a Poisson Random Variable X,where the Average Number of Times

question 239

Multiple Choice

Given a Poisson random variable X,where the average number of times an event occurs in a certain period of time is 2.5,then P(X = 0) is:

• A)2.5
• B)0.0821
• C)1.5811
• D)0.40

---

Definitions:

Equity Method

An accounting technique used for recording investments in associate companies where the investment is initially recognized at cost and adjusted thereafter for the post-acquisition change in the investor’s share of the investee’s net assets.

Journal Entries

The method by which all business transactions are recorded in a company's accounting system, using debits and credits.

Other Comprehensive Income

Portions of total comprehensive income of a company not realized in net income, including items like foreign currency translation adjustments or unrealized gains on securities.

International Financial Reporting Standards

A set of accounting standards developed by the International Accounting Standards Board (IASB) that aims to standardize accounting practices globally.