Answer:

And that would be the solution for this case.
Step-by-step explanation:
Previous concepts
The Poisson process is useful when we want to analyze the probability of ocurrence of an event in a time specified. The probability distribution for a random variable X following the Poisson distribution is given by:
Solution to the problem
Let X the random variable that represent the number of life insurance policies that the salesman person sells. We know that
And we want to find this probability:

And we can use the probability mass function and we got:

And that would be the solution for this case.
Answer:
15
Step-by-step explanation:
use pythagorean theorem and fill in the blanks and solve for a^2
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Answer:
interest rate is 38.68 %
Step-by-step explanation:
Given data
installment = $60
time = 36 months = 36/12 = 3 years
principal = $1000
to find out
interest rate
Solution
we know student pay $60 for 36 months
so he pay total = 60 × 36 = 2160
total amount pay by student = $ 2160
so we can find interest rate by given formula
rate = (1/time)(amount/Principal - 1)
put the value time amount and principal here
rate = (1/3)(2160/1000 - 1)
rate = 0.386667
interest rate is 38.68 %