Merlin invested $48,750 into an interest-bearing account 7 years ago, and withdrew all of the money to close it. The
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Answer:
The probability that occurrence of 8 in ten minutes is 0.0771.
Step-by-step explanation:
Poisson Distribution:
A discrete random variable X having the enumerable set {0,1,2,.....} as the spectrum, is said to have Poisson distribution with parameter (>0), if the p.m.f is given by
for x=0,1,2,...
= 0, elsewhere
The mean number of occurrences in ten minutes is 5.3.
Here = 5.3 and x= 8
=0.0771
The probability that occurrence of 8 in ten minutes is 0.0771.