FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!
Question
1 Approved Answer

Poisson distribution has the following qualities: the data type is counts; it is the expected number of a occurrences of a low-probability event from a

Poisson distribution has the following qualities: the data type is counts; it is the expected number of a occurrences of a low-probability event from a large number of such events it is a special case of binominal distribution with n is large and p is small simplifies to an equation where mean and variance are same; you dont need to know variance when you know the mean (expected value)
image text in transcribed
Poisson distribution has the following qualities: the data type is counts; it is the expected number of a occurrences of a low-probability event from a large number of such events it is a special case of binominal distribution with n is large and p is small simplifies to an equation where mean and variance are same; you dont need to know variance when you know the mean (expected value)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image
Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

The Impact Of SOA On IT Auditing From Auditors Point Of View
The Impact Of SOA On IT Auditing From Auditors Point Of View

Authors: Farida Chotkan

1st Edition

3843363048, 978-3843363044

More Books

Students explore these related Accounting questions

Question

Use the 1% method to determine each of the following. (a) 1/4% of $2664 (b) 5/8% of $1328 (c) 1 2/3% of $5400 (d) 2 1/5% of $1260

Answered: 3 weeks ago

Question

Distinguish between forecasting HR requirements and availability.

Answered: 3 weeks ago

Question

12.41 Refer to Exercise 12.6. a. Estimate the average value of y when x = 1, using a 90% confidence interval. b. Find a 90% prediction interval for some value of y to be observed in the future when x...

Answered: 3 weeks ago

Question

Hammocks and Swings, Ltd. has projected sales in units for four months of operations as follows: April....................20,000 May....................25,000 June...................35,000...

Answered: 3 weeks ago

Question

Mazen purchases 50% of Nader capital interest in the partnership for $32,000 If the capital balance of Ahmad and Nader are $10,000 and $10,000, respectively, the balance of Maren Capital following...

Answered: 3 weeks ago

Question

TARHEEL INDUSTRIES Tarheel Industries is a medium-sized sporting goods manufacturer located in North Carolina. Tarheels online production support system was developed in-house and was implemented two...

Answered: 3 weeks ago

Question

28. Yakuza Company issued 2,500 share of P25 par value preference shares with detachable warrants. The security package sells for P105. Each warrant enables the holder to purchase two shares of P10...

Answered: 3 weeks ago

Question

Good Vibes Manufacturing is a firm with an annual net income of $20 million, revenue of $60 million and cost of goods sold of $25 million. If the balance sheet amounts show $2.5 million of inventory...

Answered: 3 weeks ago

Question

A random sample of 45 Burger King Whoppers found a sample mean weight of 120g and a sample standard deviation of 15g. Find the 90% confidence interval of the true mean weight of a Whopper. Write your...

Answered: 3 weeks ago

Question

Ignoring GST, which of the following entries correctly records the purchase of land for $300 000 financed by a $100 000 cash deposit with the balance payable via a 20-year, 6% loan? Select one: a. DR...

Answered: 3 weeks ago

Question

Sizwe conditioners a manufacturing firm based in Gauteng makes three different types of air conditioners: the ceiling type, the cassette type and the wall mounted type. Weekly sales of each type are...

Answered: 3 weeks ago

Question

How do you label your romantic partner? Do you use different terms around different people in different situations? How do the terms you choose for each other affect your understanding of the status...

Answered: 3 weeks ago

Question

B If an instructor chose to use the word in class, how might he or she do so in a way that would be sensitive to students? Can students investigate the words meaning and history without using it?

Answered: 3 weeks ago

Question

Has anyone ever labeled you in a way that truly irritated or offended you? What terms did they use? Are you aware of any biased language that frequently seeps into conversations among your friends,...

Answered: 3 weeks ago

Previous Question Next Question