If the Rate of Defaults Per Year in a Set $$\lambda = 5$$

question 14

Multiple Choice

If the rate of defaults per year in a set of companies is given by $$\lambda = 5$$ ,what is the probability of four or more defaults in half a year?

• A)0.06
• B)0.12
• C)0.18
• D)0.24

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Definitions:

Meaty Taste

Describes a flavor profile reminiscent of meat, often rich and savory, referred to as umami in taste descriptions.

Taste Sensation

The perception derived from the chemical senses as food or other substances interact with taste receptors in the mouth.

Olfaction

The sense of smell, an important chemical sensing system in humans and animals for detecting environmental odors.

Sense of Smell

The ability to perceive and identify different odors through the olfactory system.