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1. Suppose a bank manager knows that an average of seven counterfeit bills are received daily. Determine how the following probabilities should be calculated: a)
1. Suppose a bank manager knows that an average of seven counterfeit bills are received daily. Determine how the following probabilities should be calculated:
a) receive four counterfeit bills on a given day
b) receive ten counterfeit bills on two consecutive days
(Poisson distribution)
Select one:
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