THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION

question 112

Essay

THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
A business statistics professor indicates that students who receive higher than an 80 on the final exam will receive at least a B- in the course.The scores for a random sample of 24 students are listed below.

-Data were collected from a random sample of 221 observations and is summarized in the table below.Does the following data appear to follow the Poisson distribution with mean of 0.80?

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Definitions:

Marginal Tax Bracket

The tax rate that applies to the last dollar of the taxpayer's income, indicating the percentage of tax applied to your income for each tax bracket in which you qualify.

Equivalent Taxable Yield

The pretax yield on a taxable bond providing an after-tax yield equal to the rate on a tax-exempt municipal bond.

Yield to Maturity

The total return anticipated on a bond if the bond is held until it matures, including all interest payments and the return of principal.

Treasury Securities

Reiteration of U.S. Treasuries, but emphasizing these are safe, low-risk investment products backed by the full faith and credit of the U.S. government, including Treasury bonds, notes, and bills.