Exponential DistributionsCar accidents The number of days
Chapter 8, Problem 34E(choose chapter or problem)
Problem 34E
Exponential Distributions
Car accidents The number of days that elapse between the beginning of a calendar year and the moment a high-risk driver is involved in an accident is exponentially distributed. Based on historical data, an insurance company expects that 30% of high-risk drivers will be involved in an accident during the first 50 days of the calendar year. In a group of 100 high-risk drivers, how many do you expect to be involved in an accident during the first 80 days of the calendar year?
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