Study the Excel output. Explain the distribution in terms of shape and mean. Are these probabilities what

Question:

Study the Excel output. Explain the distribution in terms of shape and mean. Are these probabilities what you would expect? Why or why not?

x Values Poisson Probabilities: λ = 2.78

0 ................0.0620

1 ................0.1725

2 ................0.2397

3 ................0.2221

4 ................0.1544

5 ................0.0858

6 ................0.0398

7 ................0.0158

8 ................0.0055

9 ................0.0017

10 ................0.0005

11 ................0.0001

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...
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Question Posted: