A life insurance salesman sells on the average 3 life insurance policies per week. Use Poisson's law to calculate the probability that in a given week he will sell a) Some policies b) 2 or more policies but less than 5 policies. c) Assuming that there are 5 working days per week, what is the probability that in a given day he will sell one policy?

A life insurance salesman sells on the average 3 life insurance policies per week. Use Poisson's law to calculate the probability that in a given week he will sell a) Some policies b) 2 or more policies but less than 5 policies. c) Assuming that there are 5 working days per week, what is the probability that in a given day he will sell one policy?

College Algebra

10th Edition

ISBN:9781337282291

Author:Ron Larson

Publisher:Ron Larson

Chapter8: Sequences, Series,and Probability

Section8.7: Probability

Problem 4ECP: Show that the probability of drawing a club at random from a standard deck of 52 playing cards is...

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