Question: A state has averaged one small business failure per week over the past several years. Let x denote the number of small business failures in

A state has averaged one small business failure per week over the past several years. Let x denote the number of small business failures in the next eight weeks. Use the Poisson distribution to find p (x ≤ 17) if the mean number of small business failures remains what it has been. If x actually turns out to be 17, what does this imply?

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