Question 2.Poisson Distribution.The number X of homes sold by the Real-Estate Company follows a Poisson distribution withparameter =4 homes per day. Answer the following questions.(a) Find the mean of X, E(X), and the standard deviation of X, SD(X).(b) Find P(X=2).(c) Find P(X4).(d) What is the average number of home sold in 5 days?

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Answered: Question 2. Poisson Distribution. The…

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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