A driver is chosen at random from the Owl Insurance Company\'s records. His acci
ID: 3134816 • Letter: A
Question
A driver is chosen at random from the Owl Insurance Company's records. His accident experience follows a Poisson distribution. The probability that this driver has 0 accidents during the next two months is equal to the probability that he has 1 accident during the next two months. The number of accidents in different months are mutually independent. the probability that he will have 2 accidents during the next month, the probability that he will have at least 2 accidents during the next quarter.Explanation / Answer
Let X be no of accidents in the next two months
P(x; ) = (e-) (x) / x!
P(X=0) = P(x=1)
i.e.(e-) (0) / 0! = (e-) () / 1!
mu =1
a) P(X=2 when average =1) = 0.1839
b) P(x>=2 when average is 1.5 since 3 months) = 0.4422
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