The Probability That a Car Will Have a Flat Tire

question 109

Multiple Choice

The probability that a car will have a flat tire while driving through a certain tunnel is 0.00008.Use the Poisson approximation to the binomial distribution to find the probability that among 16,000 cars passing through this tunnel,at least one will have a flat tire.

• A)0.7220
• B)0.6441
• C)0.2780
• D)1.6462
• E)0.3559

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Definitions:

Industry Segments

Distinct subdivisions within a market, defined by products, services, or consumer demographics, enabling targeted strategies.

Profit Or Loss Test

A method used to assess the financial performance of a company by determining whether it has made a profit or incurred a loss over a certain period.

Separately Reportable

Criteria under which certain activities or financial results must be disclosed individually due to their significance within financial statements or to regulatory bodies.

Industry Segments

Specific categories within an industry that companies can be classified under based on their main business activities.