Which of the Following Statements Is the Most Accurate About

question 58

Multiple Choice

Which of the following statements is the most accurate about a Poisson random variable?

• A) It counts the number of successes in a given number of trials.
• B) It counts the number of successes in a specified time or space interval.
• C) It is a continuous random variable.
• D) It has a bell-shaped distribution.

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Definitions:

Negligently

Acting with a lack of reasonable care or concern for the consequences, leading to potential harm or damage.

Legal Detriment

A concept in contract law where a party receives something of value in exchange for foregoing a legal right, forming a basis for a binding agreement.

Legal Benefit

An advantage or gain, especially in a contractual context, that a party receives, which constitutes consideration necessary for a valid contract.

Unilateral Contract

A contract in which only one party makes a promise or undertakes a performance, while the other side only has to perform if they choose to.