Business Studies, asked by sussanaseverinus, 8 months ago

QUESTION 5

A short term insurance company receives three motor vehicle claims, on average, per day. Assume that the daily claims follow a Poisson process.

a) What is the probability that more than four but less than eight motor vehicle claims will be received on any given day? (5)

b) What is the probability that more than two motor vehicle claim is received over any given period of three working days? (5)

Answers

Answered by priyankajha12
0

Answer:

sorry didi can't help this one

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