Question: to solve the problem Problem 3 (20%) The following is the 10-year record of floods between 1994 and 2003 in Town A. Year [ Number
to solve the problem
Problem 3 (20%) The following is the 10-year record of floods between 1994 and 2003 in Town A. Year [ Number of floods Year _Number of floods 1994 \\1 1999 0 1995 | 0 2000 12 1996 \\2 2001 0 1997 | 1 2002 2 1998 0 2003 0 The occurrences of floods in the town may be modelled as a Poisson process. (1) On the basis of the above historic flood data, determine the probability there will be between 3 and 4 floods in the town over the next 4 years. [Note P(3 = NStep by Step Solution
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