From the U.S. Census Bureau and the article U.S. Prison Population Falls for Third Year by B.

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From the U.S. Census Bureau and the article "U.S. Prison Population Falls for Third Year" by B. Montopoli of CBS News, we found that about 1 in every 200 Americans are in prison. Use this information and the Poisson distribution to determine the approximate probability that at most three people in a random sample of 500 Americans are currently in prison.
Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
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