Mathematics, 25.03.2021 22:50 TabbyKun00

A city purchases insurance to cover snow removal if more than two blizzards strike the city in a given season. The policy will pay 100,000 for every blizzard in excess of 2 in a season. The number of blizzards, x, experienced in a season has a Poisson distribution with mean 1.7. Find the expected amount paid to the city under this policy in a season.

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A city purchases insurance to cover snow removal if more than two blizzards strike the city in a giv...