Question: Lastyear, a person wrote 115 checks. Let the random variable x represent the number of checks he wrote in oneday, and assume that it has
Lastyear, a person wrote 115 checks. Let the random variable x represent the number of checks he wrote in oneday, and assume that it has a Poisson distribution. What is the mean number of checks written perday? What is the standarddeviation? What is the variance? (Round to three decimal places asneeded.)
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
