document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=931606>Question 931606</A>: <I><SPAN STYLE=\"word-break: break-all;\"> POISSON PROBABILITY DISTRIBUTION<BR>\n" );
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document.write( "According to the mortage bankers association of america, the foreclosure rate on mortages in 2001 was 1%, assuming that this rate is applicable to a community where 1000 homes have mortages, use the poisson approximation to the binomial distribution to determine the following for X= the number of foreclosures in this community during the coming year.\r<BR>\n" );
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document.write( "a)E(X) b) P(X=7) c) P(X=10) \r<BR>\n" );
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document.write( "THANK YOU </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #565679 by </B><A HREF=/tutors/aboutme.mpl?userid=ewatrrr><B>ewatrrr(24785)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=ewatrrr><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/cgi-bin/show-face.mpl?user=ewatrrr><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=565679\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> a) E(X) = average = 10  <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=.01%2A1000 ALIGN=MIDDLE  ALT=\".01%2A1000\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
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document.write( "P(x = 7) = poissonpdf(10,7)= .09  0r 9%<BR>\n" );
document.write( ".........<BR>\n" );
document.write( "P(x = 10)= poissonpdf(10,10)= .1251   0r 12.51%<BR>\n" );
document.write( "Using a TI calculator 0r similarly a Casio fx-115 ES plus (fast and easy way)<BR>\n" );
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document.write( "Recommend Using stattrek.com 0r Excel function to check  Results<BR>\n" );
document.write( "until You are familiar with Using Your calculator.\r<BR>\n" );
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