An insurance company receives on average two claims per week from a particular factory. Assuming that the

Question:

An insurance company receives on average two claims per week from a particular factory. Assuming that the number of claims can be modelled by a Poisson distribution, find the probability that it receives

(a) three claims in a given week,

(b) more than four claims in a given week,

(c) four claims in a given fortnight,

(d) no claims on a given day, assuming that the factory operates on a five-day week.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Question Posted: