Consider a Poisson Distribution with an Average of 3 Customers

question 65

Multiple Choice

Consider a Poisson distribution with an average of 3 customers per minute at the local grocery store: Consider a Poisson distribution with an average of 3 customers per minute at the local grocery store.If X = the number of arrivals per minute,find the variance of X.

• A)3
• B)9
• C)1.5
• D)1.7

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Definitions:

Intragroup Transactions

Financial transactions that occur between enterprises under common control, typically within the same corporate group.

Ownership Interest

The legal rights and claims a person or entity has over property or a company, often evidenced by shares or other forms of equity.

Non-controlling Interest

A portion of equity ownership in a subsidiary not owned by the parent company, representing a minority interest's share in the subsidiary's net assets and earnings.

Consolidation Worksheet

A tool used by accountants to combine the financial statements of a parent company with its subsidiaries, leading to consolidated financial statements.