Evidence shows that the probability that a driver will be involved in a serious automobile accident during a given year is 01 A particular corporation employs 100 full time traveling sales reps Based on this evidence, use the Poisson approximation to the binomial distribution to find the probabilit...

The random variable x the number of salesmen who will be i ...

Evidence shows that the probability that a driver will be involved in a serious automobile accident during

Question:

Evidence shows that the probability that a driver will be involved in a serious automobile accident during a given year is .01. A particular employs 100 full-time traveling sales reps. Based on this evidence, use the Poisson approximation to the binomial to find the probability that exactly two of the sales reps will be involved in a serious automobile accident during the coming year.
Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may... 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...