Question
The Department of Commerce in a particular state has determined that the number of small businesses that declare bankruptcy per month is approximately a Poisson
The Department of Commerce in a particular state has determined that the number of small businesses that declare bankruptcy per month is approximately a Poisson distribution with a mean of 6.4.
Find the probability that more than 3 bankruptcies occur next month.(Keep four decimal places)
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College Algebra
Authors: Margaret L. Lial, John Hornsby, David I. Schneider, Callie Daniels
12th edition
134697022, 9780134313795 , 978-0134697024
