If the Number of Surface Nonconformities on a Specific Size

question 5

Multiple Choice

If the number of surface nonconformities on a specific size of metal piece is the discrete random variable in question,then the appropriate probability distribution that can describe the probability of a specific size metal sheet containing 3 defectives is given most likely by ___________________ distribution.

• A)binomial
• B)Poisson
• C)hypergeometric
• D)normal
• E)exponential

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Definitions:

Current Ratio

A financial ratio indicating how well a company can cover its short-term debts with assets that can be quickly converted into cash within a year.

Decimal Place

The position of a number to the right of the decimal point, used to represent fractions of a whole in decimal notation.

Horizontal Analysis

A financial analysis technique that compares historical financial data over a series of reporting periods to identify trends and growth patterns.

Vertical Analysis

A method of financial statement analysis in which each entry for each of the three major categories of accounts (assets, liabilities, and equities) in a balance sheet is represented as a proportion of the total account.