The random variable x is the number of occurrences of an event over an interval of ten minutes. It can be assumed that the probability of an occurrence is the same in any two-time periods of an equal length. It is known that the mean number of occurrences in ten minutes is 5.3 . Which of the following discrete probability distributions' properties are satisfied by random variable x?
a. Normal
b. Poisson
c. Binomial
d. Hypergeometric
b
You might also like to view...
Suppose People's bank offers to lend you $10,000 for 1 year on a loan contract that calls for you to make interest payments of $250.00 at the end of each quarter and then pay off the principal amount at the end of the year. What is the effective annual rate on the loan?
A. 8.46% B. 8.90% C. 9.37% D. 9.86% E. 10.38%
In building brand equity, marketers should be "media neutral" and evaluate all communication options on effectiveness and efficiency
Indicate whether the statement is true or false
Which of the following statements is true of the patent period in the United States?
A) It follows the first-to-invent rule. B) The patent period for an invention is 17 years. C) The patent term begins to run from the date the patent application is filed. D) The patent term begins to run from the date the patent is issued.
Which of the following has the largest trading volume of any securities exchange in the world?
A) NYSE B) Euronext C) NASDAQ D) London Stock Exchange