The random variable x is the number of occurrences of an event over an interval of 10 minutes. It can be assumed 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 10 minutes is 5.3 . The random variable x satisfies which of the following probability distributions?
a. normal
b. Poisson
c. binomial
d. Not enough information is given to answer this question.
b
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In countries, like Japan and much of Europe, fewer differences between the amount of income reported to stockholders and that reported to the taxing authorities exist than in the U.S
a. True b. False Indicate whether the statement is true or false
In 2015, Suez Company issued $200,000 of bonds for $189,640 . If the face rate of interest was 6.73% and the effective rate of interest was 8%, how would Suez calculate the interest expense for the first year on the bonds using the effective interest method?
a. $189,640 × 6.73% b. $189,640 × 8% c. $10,000 × 6.73% d. $10,000 × 8%
When higher-priced competitors match the lower prices but have longer staying power because of deeper cash reserves, it leads to a(n) ________
A) low-quality trap B) fragile-market-share trap C) price war trap D) escalator trap E) shallow-pockets trap
What is the name for legal process by which a plaintiff can learn the location of a defendant's bank account?
A) garnishment B) debtor examination C) writ of seizure D) execution E) statement of claim