A factory examines its work injury history and discovers that the chance of there being an accident
Question:
A factory examines its work injury history and discovers that the chance of there being an accident on a given workday follows a Poisson distribution. The average number of injuries per workday is .01. What is the probability that there will be three work injuries in a given month (30 days)?
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A Poisson distribution is a statistical distribution that shows how many times an event is likely to ...View the full answer
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Related Book For 
Statistics For Business And Financial Economics
ISBN: 9781461458975
3rd Edition
Authors: Cheng Few Lee , John C Lee , Alice C Lee
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