Your company president has told you that the company experiences product returns at the rate of two per month with the number of product returns distributed as a Poisson random variable. Determine the probability that next month there will be: a) no returns. c) two returns. d) What is the probability that the company will experience three returns in the next two months.
Statistics and Economics
August 14th, 2017 admin
Statistics and Economics
April 3rd, 2017 admin
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