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The number of bankruptcies filed in the district court has a Poisson distribution with an average of 5.5 per week. (a) What is the probability that there will be no bankruptcy filings during a given week? (Round your answer to three decimal places.) (b) What is the probability that there will be at least one bankruptcy filing during a given week? (Round your answer to three decimal places.) (c) Within what limits does Tchebysheff's Theorem suggest you would expect to see the number of bankruptcy filings per week at least 88.88% of the time? (Round your answer up to the nearest whole number.) 0 to filings

The number of bankruptcies filed in the district court has a Poisson distribution with an average of 5.5 per week. (a) What is the probability that there will be no bankruptcy filings during a given week? (Round your answer to three decimal places.) (b) What is the probability that there will be at least one bankruptcy filing during a given week? (Round your answer to three decimal places.) (c) Within what limits does Tchebysheff's Theorem suggest you would expect to see the number of bankruptcy filings per week at least 88.88% of the time? (Round your answer up to the nearest whole number.) 0 to filings

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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The number of bankruptcies filed in the district court has a Poisson distribution with an average of 5.5 per week. (a) What is the probability that there will be no bankruptcy filings during a given week? (Round your answer to three decimal places.) [Text Box] (b) What is the probability that there will be at least one bankruptcy filing during a given week? (Round your answer to three decimal places.) [Text Box] (c) Within what limits does Tchebysheff's Theorem suggest you would expect to see the number of bankruptcy filings per week at least 88.88% of the time? (Round your answer up to the nearest whole number.) 0 to [Text Box] filings
Transcribed Image Text:The number of bankruptcies filed in the district court has a Poisson distribution with an average of 5.5 per week. (a) What is the probability that there will be no bankruptcy filings during a given week? (Round your answer to three decimal places.) [Text Box] (b) What is the probability that there will be at least one bankruptcy filing during a given week? (Round your answer to three decimal places.) [Text Box] (c) Within what limits does Tchebysheff's Theorem suggest you would expect to see the number of bankruptcy filings per week at least 88.88% of the time? (Round your answer up to the nearest whole number.) 0 to [Text Box] filings
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