The Securities and Exchange Commission Has Determined That the Number

question 35

Multiple Choice

The Securities and Exchange Commission has determined that the number of companies listed on the NYSE declaring bankruptcy is approximately a Poisson distribution with a mean of 2.6 per month.Find the probability that exactly 4 bankruptcies occur next month.

• A) .8774
• B) .1414
• C) .1557
• D) .2176

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