A Researcher Records the Number of Buckets of Popcorn Purchased

question 74

Multiple Choice

A researcher records the number of buckets of popcorn purchased by patrons during one night at the movies.She finds that the probability that a patron purchased 0 buckets of popcorn is p = .27;1 bucket is p = .51;2 buckets is p = .17;and 3 buckets is p = .05.How many buckets of popcorn can we expect a patron to purchase per night at the movies in the long run?

• A)exactly 1 bucket of popcorn per night
• B)more than 1 bucket of popcorn per night
• C)less than one bucket of popcorn per night
• D)none of the above

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Definitions:

Dividend Payout Ratio

The percentage of net income that a company pays out to its shareholders as dividends, indicating how much money a company returns to shareholders versus retaining.

Price-Earnings Ratio

A measure of a company's current share price relative to its per-share earnings.

Dividend Payout Ratio

A financial ratio that shows the percentage of a company's net income that is paid out to its shareholders as dividends.

Year 2

A term that refers to the second year in a specific period, often used in planning, reporting, or comparison contexts.