On average, an insurance company receives 6 claims between 14:00 and 16:00 on a particular day. What is the probability that the company receives exactly 17 claims between 08:00 and 16:00?
Let X=X=X= the number of claims received: X∼Po(λt).X\sim Po(\lambda t).X∼Po(λt).
Given λ=6,t=16−816−14=4\lambda=6,t=\dfrac{16-8}{16-14}=4λ=6,t=16−1416−8=4
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