A Farmer Who Grows Genetically Engineered Corn Is Experiencing Trouble

question 37

Multiple Choice

A farmer who grows genetically engineered corn is experiencing trouble with corn borers. A random check of 5,000 ears revealed the following: Many of the ears contained no borers. Some ears had one borer. A few had two borers,and so on. The distribution of the number of borers per ear approximated the Poisson distribution. The farmer counted 3,500 borers in the 5,000 ears. What is the probability that an ear of corn selected at random will contain no borers?

• A)0.3476
• B)0.4966
• C)1.000
• D)0.0631

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Definitions:

Semiannually

Occurring twice a year; every six months.

Accrued Interest

The interest that has accumulated on a financial obligation over a period of time but has not yet been paid.

Interest Rate

The percentage of a sum of money charged for its use, typically expressed as an annual percentage rate.

Accrued Interest

Interest that has been incurred but not yet paid.