If the Standard Deviation for a Poisson Random Variable Is

question 147

Multiple Choice

If the standard deviation for a Poisson random variable is known to be 3.60, what is its expected value?

• A) approximately 1.90
• B) 3.60
• C) 8.28
• D) 12.96

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Definitions:

Subagent

An agent of an agent, or a person who is appointed by an agent to perform tasks that the agent has undertaken to perform for the principal.

Gratuitous Agent

An agent who receives no compensation for his or her services.

Fiduciary Duty

An obligation to act in the best interest of another party, such as a trustee for a beneficiary.

Apparent Authority

An agent’s ability to affect the principal’s legal relations. Consent must be communicated to the third party.