A Hybrid-Grower Is Experiencing Trouble with Corn Borers

question 65

Multiple Choice

A hybrid-grower is experiencing trouble with corn borers. A random check of 5,000 ears revealed the following: many of the ears contained no borers. Some ears had one borer; a few had two borers; and so on. The distribution of the number of borers per ear approximated the Poisson distribution. The grower counted 3,500 borers in the 5,000 ears. What is the probability that an ear of corn selected at random will contain no borers?

• A) 0.3476
• B) 0.4966
• C) 1.000
• D) 0.0631

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Definitions:

Bond Interest Rate

The fixed or variable rate of interest paid by bond issuers on the principal amount, to bondholders until maturity.

Interest Payment Date

The specific date set for the payment of interest on a loan or bond.

Operating Activities

Activities that relate directly to the primary operations of the company, such as manufacturing, distribution, and marketing.

Worn-Out Machinery

Worn-Out Machinery refers to equipment that has reached the end of its useful life due to wear and tear, aging, or obsolescence.