Which of the Following Distributions Describes the Number of Times

question 45

Multiple Choice

Which of the following distributions describes the number of times an event occurs during a given period of time or space?

• A)Uniform distribution
• B)Exponential distribution
• C)Poisson distribution
• D)Normal distribution
• E)None of the above

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Definitions:

Uncollectible Account

An uncollectible account is a receivable that a company is unable to collect, considered as bad debt or a write-off.

Net Amount

The remaining value after all deductions are made, such as for taxes or discounts.

Receivables

Funds that customers or clients owe to a business for products or services delivered on credit.

Estimated Bad Debts

The portion of accounts receivable that a company does not expect to collect.