Historical Data Show That the Average Number of Patient Arrivals

question 90

Multiple Choice

Historical data show that the average number of patient arrivals at the intensive care unit of General Hospital is 3 patients every two hours.Assume that the patient arrivals are distributed according to Poisson distribution.Determine the probability of 6 patients arriving in a five-hour period.

• A).136
• B).109
• C).246
• D).001

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Definitions:

Factoring Costs

Expenses associated with selling accounts receivable to a third party, commonly referred to as a factor, to improve cash flow.

Accounts Receivable

Accounts receivable refers to the money owed to a company by its customers or clients for goods or services delivered but not yet paid for.

Credit Sales

Sales where payment is not made immediately by the buyer, but under terms and conditions agreed upon by the seller and the buyer.

Factor

An element contributing to a particular result or situation.