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Instruction 5-8 a Major Airline Keeps a Record of the Number of Number

question 81

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Instruction 5-8
A major airline keeps a record of the number of mishandled bags per 1,000 customers.In 2011,the airline had 4.06 mishandled bags per 1,000 customers.Assume that the number of mishandled bags has a Poisson distribution.
-A financial analyst is presented with information on the past records of 60 start-up companies and told that in fact only 3 of them have managed to become highly successful.He selected 3 companies from this group as the candidates for success.To analyse his ability to identify the companies that will eventually become highly successful,he will use what type of probability distribution?


Definitions:

Adult Children

Individuals who are legally considered adults due to their age but are referred to in context as children in relation to their parents.

Neighbor/Friend

A person living near or next to another; in healthcare, this might refer metaphorically to entities or departments working closely together.

Concomitant Diseases

Diseases or conditions that co-occur with a primary disease or condition, complicating the diagnosis, treatment, and prognosis.

Chronic Conditions

Long-term health conditions that require ongoing medical attention and can limit daily activities.

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