Multiple Choice
The Securities and Exchange Commission has determined that the number of companies listed on the NYSE declaring bankruptcy is approximately a Poisson distribution with a mean of 2.6 per month. Find the probability that more than 1 bankruptcy occurs next month.
A) .1931
B) .9257
C) .7326
D) .4816
E) .2674
Correct Answer:
Verified
Correct Answer:
Verified
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