If the rate of defaults per year in a set of companies is given by $$\lambda = 5$$ ,what is the probability of four or more defaults in half a year?
A)0.06
B)0.12
C)0.18
D)0.24

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The Answer of If the rate of defaults per year in a set of companies is given by $$\lambda = 5$$ ,what is the probability of four or more defaults in half a year?
A)0.06
B)0.12
C)0.18
D)0.24

If the Rate of Defaults Per Year in a Set λ=5\lambda = 5λ=5

If the Rate of Defaults Per Year in a Set $\lambda = 5$