Data documented for weather events in the state of Montana is obtained over a period of years and includes hail storms causing property damage. The data is analyzed and appears to fit a poison distribution with an average of 3.3 damaging hail storms per year.
What is the likelihood that between 2 and 4 damaging hail storms are seen in a randomly selected year? please show using Poisson.dist function
What is the probability that at least one significant hail storm causing damage is experienced in the coming year?
What is the likelihood that Montana would experience between 5 and 7 damaging hailstorms over a two year period?
What is the likelihood that Montana would experience more than 7 damaging hail storms over a two-year period?
please show all steps using excel formulas
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