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

question 81

Multiple Choice

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?

Distinguish between specific and general statements in sentence construction.

Understand the concept of conciseness and clarity in written communication.

Recognize dynamic and evolving aspects in descriptions.

Illustrate the importance of precise word choice in conveying clear messages.

Definitions:

Subchapter S Corporation

A type of corporation created through an IRS tax election to pass corporate income, losses, deductions, and credits through to shareholders for federal tax purposes.

Schedule K-1

A tax document used to report the income, losses, and dividends of a partnership or S corporation's partners or shareholders.

Separately Stated

Items on a partnership or S corporation tax return that must be reported separately on the owners' personal tax returns.

Taxable Dividend

A dividend paid to shareholders that is subject to income taxation.