US airlines average about 4.5 fatalities per month. Assume that the probability distribution for đ„, the number of fatalities per month, can be approximated by a Poisson probability distribution.
What is the probability that no fatalities will occur during any given month (calculate by hand and confirm the answer using MS Excel âPOISSONDISTâ function)?
Calculate the expected value and standard deviation of the fatalities per month.
Comments
Leave a comment