The mathematical expression for the Poisson distribution is shown as P(x) = e–??x/x! The term x stands for ______.

A. probability of arrivals
B. number of arrivals per unit of time
C. expected or average arrival rate
D. total arrival time


B. number of arrivals per unit of time

Business

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We place trust in others for a variety of reasons. Please name three.

What will be an ideal response?

Business

When gross margin pricing is used, the markup percentage includes

a. desired profits plus total selling, general, and administrative expenses. b. only the desired profit factor. c. total costs and expenses. d. desired profits plus total fixed production costs plus total selling, general, and administrative expenses.

Business

Capital investment analysis is a decision process for the purchase of capital facilities, such as buildings and equipment

Indicate whether the statement is true or false

Business

The ________ is the dollar amount added to the cost of a product to determine its selling price.

A. gross profit B. net profit C. profit factor D. markup E. consumer add-on

Business