The number of rainy days per month at Seattle follows a Poisson distribution with a mean value of 4.5 days. What is the probability that it will rain 3 days next month?

A) 0.3604
B) 0.2222
C) 0.1687
D) 0.2521

C

Business

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CPAs are licensed by:

A. The AICPA. B. The SEC. C. The federal government. D. State governments.

Business

The airline and hospitality industries use ________, by which they offer discounted but limited early purchases, higher-priced late purchases, and the lowest rates on unsold inventory just before it expires

A) special-customer pricing B) yield pricing C) cash rebates D) location pricing E) customer-segment pricing

Business