Answer:
2
Step-by-step explanation:
We are given that Ticket writing on campus follows a Poisson process.
Last year the campus police wrote 1460 tickets
So,
1 year = 365 days
So, E(Y) =
So, the standard deviation of the number of tickets written per day by the campus police =
Hence the standard deviation of the number of tickets written per day by the campus police is 2
Compounded contiously
A=future amount
P=present amount
r=rate in decimal
t=time in years
to find the interest, we do A-P
find A first
given
P=410
t=13
r=0.08
aprox
A=1159.97897
A-P=1159.97897-410=749.9789
the interest is $749.98