Match List I with List II:

List I (Application narratives)

List II (Statistical distribution)

A.

Time interval between successive arrival of customers in a queue

I.

Pareto distribution

B.

Distribution of income, property and certain human abilities in a capitalistic society. 

II.

Poisson distribution 

C.

Movement of stock prices and distributing of income in a socialistic society. 

III.

Exponential distribution

D.

Distribution of rare events i.e. the probability of occurrence is very small but the number of trials are very large

IV.

Lognormal distribution

Choose the correct answer from the options given below:

1
A- II, B- IV, C- III, D- I
2
A- III, B- I, C- IV, D- II
3
A- I, B- IV, C- II, D- III
4
A- I, B- II, C- III, D- IV

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