During the Summer Season, the Average Number of Lightning Strikes

question 107

Multiple Choice

During the summer season, the average number of lightning strikes per week in the Royal Canyon area is 3.6.Assume that all the Poisson conditions are met.Let x represent values for the random variable "number of lightning strikes in a week." What is the expected value of x?

• A)4.6
• B)5.1
• C)4.2
• D)3.6
• E)4.9

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Definitions:

Overconfidence Effect

A cognitive bias where an individual's subjective confidence in their judgements is reliably greater than their objective accuracy, especially when confidence is relatively high.

Judgments

Legal decisions made by a court regarding the rights and liabilities of parties in a legal action or proceeding.

Opinions

Opinions are personal beliefs or judgments that are not necessarily based on fact or knowledge.

Hindsight Bias

The tendency to believe, after an outcome is already known, that one would have foreseen it, often referred to as the "I-knew-it-all-along" effect.