Use the Poisson formula to solve for the probabilities of the following Poisson distribution problems a If 1 25, what is the probability that x 4 b If 6 37, what is the probability that x 1 c If 2 4, what is the probability that x 5 ...

a P x 4 125 0291 b P x 1 637 P x 1 P x 0 0109 0017 0126 c P x 5 ...

Use the Poisson formula to solve for the probabilities of the following Poisson distribution problems. a. If

Question:

Use the Poisson formula to solve for the probabilities of the following Poisson distribution problems.

a. If λ =1.25, what is the probability that x = 4?

b. If λ = 6.37, what is the probability that x ≤ 1?

c. If λ = 2.4, what is the probability that x > 5?

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...