SOLUTION: An insurance company has an average of 9 claims per week. What is the probability that during the next week exactly 7 will be filed.
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Question 194883: An insurance company has an average of 9 claims per week. What is the probability that during the next week exactly 7 will be filed. Answer by Edwin McCravy(20054) (Show Source):
You can put this solution on YOUR website! An insurance company has an average of 9 claims per week. What is the probability that during the next week exactly 7 will be filed.
If X is the number of successes in an interval
of fixed length and X follows a Poisson process
with mean , then the probability that
X = x is
In your problem, , , so
Edwin