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A Local Bank Has Determined That the Number of Companies

Question 51

Multiple Choice

A local bank has determined that the number of companies listed in the area declaring bankruptcy follows an approximately a Poisson distribution with a mean of 2.6 per year.
-Find the probability that no more than one bankruptcy occurs next year.


A) 1931
B) 9257
C) 7326
D) 4816
E) 2674

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