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Consider writing onto a computer disk and then sending it through a certifier that counts the number of missing pulses. Suppose this number X has a Poisson distribution with parameter μ = 0.5. (Round your answers to three decimal places.)
a) What is the probability that a disk has exactly one missing pulse?
b) What is the probability that a disk has at least two missing pulses?
c) If two disks are independently selected, what is the probability that neither contains a missing pulse?
Evaluate this correlation. What does this correlation tell us about the relationship between these two instruments?
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How much variability will you have if you predict sales with this model?
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