CA Foundation Exam  >  CA Foundation Questions  >  If X ~ P (m) and its coefficient of variation... Start Learning for Free
If X ~ P (m) and its coefficient of variation is 50, what is the probability that X would assume only non-zero values?
  • a)
    0.018.
  • b)
    0.982.
  • c)
    0.989.
  • d)
    0.976.
Correct answer is option 'B'. Can you explain this answer?
Most Upvoted Answer
If X ~ P (m) and its coefficient of variation is 50, what is the proba...
Given: X ~ P(m) and coefficient of variation = 50

To find: Probability that X assumes only non-zero values

Solution:

Coefficient of Variation (CV) = Standard Deviation / Mean
CV = σ / µ

For Poisson distribution, µ = m and σ = sqrt(m)

So, CV = sqrt(m) / m = 1 / sqrt(m)

Given, CV = 50
50 = 1 / sqrt(m)
sqrt(m) = 1 / 50
m = 1 / (50)^2

Now we can find the probability that X assumes only non-zero values:

P(X > 0) = 1 - P(X = 0)
P(X = 0) = e^(-m) = e^(-(1/50)^2) ≈ 0.018
P(X > 0) ≈ 1 - 0.018 = 0.982

Therefore, the probability that X assumes only non-zero values is 0.982, which is option B.
Free Test
Community Answer
If X ~ P (m) and its coefficient of variation is 50, what is the proba...
Explore Courses for CA Foundation exam
If X ~ P (m) and its coefficient of variation is 50, what is the probability that X would assume only non-zero values?a)0.018.b)0.982.c)0.989.d)0.976.Correct answer is option 'B'. Can you explain this answer?
Question Description
If X ~ P (m) and its coefficient of variation is 50, what is the probability that X would assume only non-zero values?a)0.018.b)0.982.c)0.989.d)0.976.Correct answer is option 'B'. Can you explain this answer? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about If X ~ P (m) and its coefficient of variation is 50, what is the probability that X would assume only non-zero values?a)0.018.b)0.982.c)0.989.d)0.976.Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for If X ~ P (m) and its coefficient of variation is 50, what is the probability that X would assume only non-zero values?a)0.018.b)0.982.c)0.989.d)0.976.Correct answer is option 'B'. Can you explain this answer?.
Solutions for If X ~ P (m) and its coefficient of variation is 50, what is the probability that X would assume only non-zero values?a)0.018.b)0.982.c)0.989.d)0.976.Correct answer is option 'B'. Can you explain this answer? in English & in Hindi are available as part of our courses for CA Foundation. Download more important topics, notes, lectures and mock test series for CA Foundation Exam by signing up for free.
Here you can find the meaning of If X ~ P (m) and its coefficient of variation is 50, what is the probability that X would assume only non-zero values?a)0.018.b)0.982.c)0.989.d)0.976.Correct answer is option 'B'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of If X ~ P (m) and its coefficient of variation is 50, what is the probability that X would assume only non-zero values?a)0.018.b)0.982.c)0.989.d)0.976.Correct answer is option 'B'. Can you explain this answer?, a detailed solution for If X ~ P (m) and its coefficient of variation is 50, what is the probability that X would assume only non-zero values?a)0.018.b)0.982.c)0.989.d)0.976.Correct answer is option 'B'. Can you explain this answer? has been provided alongside types of If X ~ P (m) and its coefficient of variation is 50, what is the probability that X would assume only non-zero values?a)0.018.b)0.982.c)0.989.d)0.976.Correct answer is option 'B'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice If X ~ P (m) and its coefficient of variation is 50, what is the probability that X would assume only non-zero values?a)0.018.b)0.982.c)0.989.d)0.976.Correct answer is option 'B'. Can you explain this answer? tests, examples and also practice CA Foundation tests.
Explore Courses for CA Foundation exam

Top Courses for CA Foundation

Explore Courses
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev