Question
An insurance company receives on average 2 claims per week from a certain factory. Assuming that the number of claims follows a Poisson distribution, find
(a) it receives more than 3 claims in a given week,
(b) it receives more than 2 claims in a given fortnight,
(c) it receives no claims on a given day, assuming that the factory operates on a 5-day week.
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Formula we will use in this answer is P Xx e x x Where 2 A Probability of receiving more tha...
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Vector Mechanics for Engineers Statics and Dynamics
Authors: Ferdinand Beer, E. Russell Johnston, Jr., Elliot Eisenberg, William Clausen, David Mazurek, Phillip Cornwell
8th Edition
73212229, 978-0073212227
