Teaching UGC NET Mock Test Series 2025 (Paper 1 & 2) Management Concepts of Management Decision Making
Which of the following are necessary conditions for applying Simeon Denis Poisson distribution in the field of managerial decision making?
A. Each occurrence of an event is independent of the occurrence of the other event
B. The probability of an occurrence is the same for any two intervals of equal length
C. Poisson distribution describes continuous occurrences over a specific time interval
D. In each interval, occurrences can range from zero to infinity
Choose the correct answer from the options given below:
1
A and B only
2
A, B and C only
3
A, B and D only
4
A, C and D only