Recent crime reports indicate that 18.4 motor vehicle thefts occur every hour in Canada. Assume that the

Question:

Recent crime reports indicate that 18.4 motor vehicle thefts occur every hour in Canada. Assume that the distribution of thefts per hour can be approximated by a Poisson probability distribution.

a. Calculate the probability exactly four thefts occur in an hour.

b. What is the probability there are no thefts in an hour?

c. What is the probability there are at least 20 thefts in an hour?

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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