Determine lamda if number of justices appointed in year


Assume that number of justices appointed in the year is the random variable with mean mu=0.5223 and variance sigma^2=0.5556.

i) Let random variable X be number of justices appointed in the year. Assume that X has the binomial distribution with n=4. Determine p (probability) to four decimals using mu.

ii) Let random variable Y be number of justices appointed in the year. Assume that Y has the Poisson distribution. Determine lamda to four decimals using mu.

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Mathematics: Determine lamda if number of justices appointed in year
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