Two Characteristics,or Assumptions,of the Poisson Distribution Are That

question 43

Multiple Choice

Two characteristics,or assumptions,of the Poisson distribution are that

• A) the probability of success remains constant from trial to trial,and the random variable of interest is continuous.
• B) the event occurring in one interval is independent of the event occurring in any other nonoverlapping interval,and the random variable of interest is continuous.
• C) the event occurring in one interval is independent of the event occurring in any other nonoverlapping interval,and the random variable of interest is discrete.
• D) the event occurring in one interval is dependent on the event occurring in any other nonoverlapping interval,and the random variable of interest is continuous.

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Definitions:

Accumulated Depreciation

Accumulated Depreciation is the total amount of depreciation expense that has been allocated to a tangible asset since it was put into use, reducing its book value.

Carrying Amount

The net amount at which an asset or liability is recognized in the balance sheet, after deducting any accumulated depreciation, amortization, or impairment.

Cost

The amount of money or resources expended to acquire an asset, produce goods, or offer a service.

Intangible Asset

This is an asset that lacks physical substance, such as patents, trademarks, and goodwill, yet offers economic value to its owner.