Last year, Bill wrote 277 checks. Let the random
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Last year, Bill wrote 277 checks. Let the random variable X represent the number of checks he wrote in one day, and assume that it has a Poisson distribution. What is the mean number of checks written per day? What is the standard deviation? What is the variance? Round each computation to three decimal places. Finally, compute the probability that on any given day, Bill wrote more than three checks.
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