A state has a law requiring motorists to carry insurance. It was estimated that, despite this law,

Question:

A state has a law requiring motorists to carry insurance. It was estimated that, despite this law, 6.0% of all motorists in the state are uninsured. A random sample of 100 motorists was taken. Use the Poisson approximation to the binomial to estimate the probability that at least 3 of the motorists in this sample are uninsured. Also indicate what calculations would be needed to find this probability exactly if the Poisson approximation was not used. Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...