7. The number of storm arriving during 100 years at a given site follows a Poisson...
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7. The number of storm arriving during 100 years at a given site follows a Poisson distribution with mean rate λ = 5. Also, the water heights reached during different storms are independent with common exponential distributions: h F₁(h) = 1 e where water height h is in meters Find the probability that the water height exceeds 3 meters at least once during the next 100 years. 7. The number of storm arriving during 100 years at a given site follows a Poisson distribution with mean rate λ = 5. Also, the water heights reached during different storms are independent with common exponential distributions: h F₁(h) = 1 e where water height h is in meters Find the probability that the water height exceeds 3 meters at least once during the next 100 years.
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Accounting concepts and applications
ISBN: 978-0538745482
11th Edition
Authors: Albrecht Stice, Stice Swain
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