# A life insurance salesman sells on the average 3 life insurance

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Probability question from Poisson distribution.

A life insurance salesman sells on the average 3 life insurance policies per week. Calculate the probability that in a given week he will sell  Some policies, 2 or more policies but less than 5 policies,  Assuming that there are 5 working days per week, what is the probability that in a given day he will sell one policy? Solve the question using Excel. Are you looking for someone to do your excel homework? Our probability tutors provided the solution below to this question. If your parameters have changed, then you can still contact us for probability homework help. We can provide help with any excel assignment you might have.  The Distribution follows a Poisson Distribution with a mean of 3. a Some policies Average = 3 some policies = p(x>=1) p(X>=1) 0.9502 b 2 or more policies but less than 5 policies P(x>=2 and X < 5> p(X>=2) = 1-p(X<=1) 0.1991483 P(x<5 p(x<=4)> 0.8152632 P(x>=2 and X<5> 0.6161 c: Average Policies Per day = 0.60 Probability of Exactly 3 policies in 1 day 0.3293