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Probability distribution formula for poisson distribution

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Reference no: EM132024974

1) The average number of operational losses in a year at a particular plant is 18, so the number of losses in a year is distributed Poisson, with mean 18.

a. Using the probability distribution formula for the Poisson distribution, what is the probability that there will be exactly 12 operational losses in the next year?

b. Using the table lookup method, what is the probability of having less than three operational losses in one month?

Reference no: EM132024974

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