View the step-by-step solution to:

# In Illinois and many other states, you lose your driver's license if you pick up three speeding tickets in one calendar year.

In Illinois and many other states, you lose your driver's license if you pick up three speeding tickets in one calendar year. For most folks with regular driving habits, the time to the next speeding ticket is an exponentially distributed random variable.

Reason: The process is memoryless in the sense that if you have gone t months from the beginning of the year without getting a speeding ticket, then the probability of getting a speeding ticket in the next s months is about the same as the probability of getting a speeding ticket s months from the beginning of the year.

Calculate the probability of getting three tickets within a 12 month period for a driver who averages one speeding ticket every 18.6 months

This is a Poisson distribution: mean=1 ticket per 18.6... View the full answer

### Why Join Course Hero?

Course Hero has all the homework and study help you need to succeed! We’ve got course-specific notes, study guides, and practice tests along with expert tutors.

### -

Educational Resources
• ### -

Study Documents

Find the best study resources around, tagged to your specific courses. Share your own to gain free Course Hero access.

Browse Documents