The mills at the Acme Carpet Company produce, on average, one flaw in every 500 yards of

Question:

The mills at the Acme Carpet Company produce, on average, one flaw in every 500 yards of material produced; the carpeting is sold in 100-yard rolls. If the number of flaws in a roll follows a Poisson distribution and the quality control department rejects any roll with two or more flaws, what percent of the rolls is rejected?

Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...