Coastal businesses in the Atlantic provinces worry about the threat of hurricanes during the season from June
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Coastal businesses in the Atlantic provinces worry about the threat of hurricanes during the season from June through October. Suppose the arrival of hurricanes during this season is Poisson distributed, with an average of three hurricanes threatening Atlantic Canada during the 5 month season. If a hurricane has just threatened the Atlantic provinces, what is the probability that at least 1 month will pass before this happens again? What is the probability that another hurricane will threaten in 2 weeks or less? What is the average amount of time between hurricanes threatening Atlantic Canada?
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Business Statistics For Contemporary Decision Making
ISBN: 9781119577621
3rd Canadian Edition
Authors: Ken Black, Ignacio Castillo
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