2.Suppose that mean number of companies going public (performing an IPO) is 15 per month. Assume that

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2.Suppose that mean number of companies going public (performing an IPO) is 15 per month. Assume that companies' IPOs are independent events.

a) Suppose X= number of IPOs in a given month. How X is distributed?

b) Find P(X < 3)

c) What is the probability that X is at least 15?

d) What is the probability of fewer than 30 IPOs in a two-month period?

Related Book For answer-question

Microeconomics An Intuitive Approach with Calculus

ISBN: 978-0538453257

1st edition

Authors: Thomas Nechyba

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Posted Date: May 13, 2024 02:59 AM

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2.Suppose that mean number of companies going public (performing an IPO) is 15 per month. Assume that

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Microeconomics An Intuitive Approach with Calculus

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