Examlex
Sam is a trucker and believes that for every 60 miles he drives on the freeway in Indiana,there is an average of 2 state troopers checking his speed with a radar gun.
A)What is the probability that at least one trooper is checking his speed on a randomly selected 60-mile stretch?
B)What is the probability that exactly three troopers are checking his speed on a randomly selected 60-mile stretch?
C)Sam drives 240 miles a day.What is the average number of state troopers that check his speed on a given day?
D)Sam drives 240 miles a day.What is the probability that exactly five troopers check Sam's speed on a randomly selected day?
Missing Funds
A situation where there is a discrepancy in accounting, indicating that money or assets are unaccounted for or lost.
Bank Statement
A document provided by a bank, detailing the transactions, balance, and other financial information in an account for a specific period.
Deposits In Transit
Funds that have been deposited by a company but have not yet been recorded by the bank.
NSF Check
A check that cannot be processed due to insufficient funds in the account it is drawn on, also known as a bounced check.
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