Based on Bursa Malaysia filings, the large caps - companies with market capitalisation of at least RM2 billion - had slashed their aggregate dividends payment by 31% to RM3.39 billion for the first quarter this year (1Q2020) compared with RM4.91 billion in 1Q2019. An analysis that included the top 100 companies showed that shareholders have seen a net reduction of RM1.52 billion in dividends for 1Q2020. Dividends slashed amounted to RM1.7 billion while higher dividend payouts amounted to only RM179.87 million.

Based on your understanding of dividend theories, explain the theory that is applicable to explain the above scenario.

counted. Two dice are rolled 100 times. The number of double sixes X is (a) Show that X follows a binomial distribution, that is, X~ Binomial(n, p). Moreover, find n and p. (b) Is it suitable to approximate the distribution of X by Poisson (pn)? Justify your answer. (c) Find P(X > 3) using X Poisson(np). Binomial(n, p) and find P(X 3) using X~