Claims come into an insurance company at the rate of 2 per day
according to a Poisson process. In a given 5 days week
i. the probability of 2 claims every day (5 marks) ii. the
probability of no claims on exactly 2 of the 5 days (7 marks)
Claims come into an insurance company at the rate of 2 per day according to a Poisson process. In a given 5 days week i.
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