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?

A First Course in Probability (10th Edition)

10th Edition

ISBN:9780134753119

Author:Sheldon Ross

Publisher:Sheldon Ross

Chapter1: Combinatorial Analysis

Section: Chapter Questions

Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...

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