The Probability That a Customer Will Use a Stolen Credit

question 89

Multiple Choice

The probability that a customer will use a stolen credit card to make a purchase at a certain Target store is 0.003. If 400 purchases are made in a given day, what is the approximate Poisson probability that 4 or fewer will be with stolen cards?

• A).0053
• B).0076
• C).9923
• D).0555

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Definitions:

Weiner's

refers to the attribution theory of motivation developed by Bernard Weiner, which explains how individuals attribute causes to successes and failures.

Achievement Motivation

The drive to pursue and attain goals or standards of excellence, often characterized by persistence and effort.

Personalism

A philosophical stance emphasizing the importance of human persons and their roles in the universe, ethics, and society.

Achievement Oriented

Focused on setting and accomplishing specific goals to achieve success.