The Poisson Distribution Is a Discrete Distribution That Expresses the Probability

question 117

Multiple Choice

The Poisson distribution is a discrete distribution that expresses the probability of a fixed number of events occurring in a fixed interval.For example,suppose we want to model the number of arrivals per minute at the campus dining hall during lunch.We observe the actual arrivals in 200 one-minute periods in 1 week.The sample mean is 3.8 and the results are shown below. The probabilities based on a Poisson distribution with a mean of 3.8 are shown below. What is the expected count for 0 arrivals?

• A)10
• B)200
• C)4
• D)None of the above

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Definitions:

Depreciation Estimates

Projections or calculations of the reduction in the value of an asset over time, used for accounting and taxation purposes.

Prospective

Pertains to future events or conditions as they are expected to happen or be considered for planning and decision-making.

Depreciation Parameters

The set of assumptions and methodologies used to calculate the depreciation of an asset over its useful life.

Tangible Assets

Physical and material assets, such as buildings, machinery, and equipment, which are owned by a business and can be seen and touched.