a. Find the probability that in a year, there will be 7 hurricanes. b. In a 55-year

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a. Find the probability that in a year, there will be 7 hurricanes.
b. In a 55-year period, how many years are expected to have 7 hurricanes?
c. How does the result from part (b) compare to the recent period of 55 years in which 7 years had 7 hurricanes? Does the Poisson distribution work well here?
Assume that the Poisson distribution applies; assume that the mean number of Atlantic hurricanes in the United States is 6.1 per year, as in Example 1; and proceed to find the indicated probability.
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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Mathematical Interest Theory

ISBN: 9781470465681

3rd Edition

Authors: Leslie Jane, James Daniel, Federer Vaaler

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