Use the poisson approximation to the binomial distribution

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Reference no: EM131129108

In a given city, 4 percent of all licensed drivers will be involved in at least one car accident in any given year. Use the Poisson approximation to the binomial distribution to determine the probability that among 150 licensed drivers randomly chosen in this city

(a) only 5 will be involved in at least one accident in any given year;

(b) at most 3 will be involved in at least one accident in any given year.

Reference no: EM131129108

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