Solved

THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING

Question 135

Essay

THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING:
It has been reported that 1.7% of the work force will retire this year.Consider a random sample of 200 workers.
-What is the probability that more than three of them will retire this year? Use the Poisson approximation to the binomial.

Correct Answer:

verifed

Verified

n = 200,P = 0.017,λ = nP = 3.4...

View Answer

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions