Assume that the number of pieces of junk mail per day that a person receives in their mail box follows the Poisson distribution and averages 4.3 pieces per day
What is the probability that this person will receive one or two pieces of junk mail tomorrow?A) 0.1065
B) 0.1227
C) 0.1838
D) 0.2369
C
Business
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Which of the following statements is true of inflationary periods?
a. averaging reports a higher inventory balance than FIFO b. averaging reports a higher net income than FIFO c. LIFO reports a higher inventory balance than FIFO d. FIFO reports a higher gross profit than LIFO e. LIFO reports a higher net income than FIFO
Business
The Dow Jones Industrial Average (DJIA) includes 500 of the largest companies traded on U. S. exchanges
Indicate whether the statement is true or false.
Business