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Mathematics, 20.02.2020 23:29 granta1

Marietta Traffic Authority is concerned about the repeated accidents at the intersection of Canton and Piedmont Roads. Bayes-inclined city-engineer would like to estimate the accident rate, even better, find a credible set. A well-known model for modeling the number of road accidents in a particular location/time window is the Poisson distribution. Assume that X represents the number of accidents in a 3 month period at the intersection of Canton and Piedmont Roads.

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