I was stumped on an IB probability problem using Poisson. Twitter to the rescue!
Here’s the problem:
And here’s the helpers:
— Dave 🐝💣 (@beesandbombs) March 23, 2017
@beesandbombs @dandersod But the Poisson approximation for (a) should be exp(-0.0002 * 520), I believe.
— ❄David Radcliffe❄️️ (@daveinstpaul) March 23, 2017
And here’s my work: