Assume that number of justices appointed in the year is random variable with mean mu=0.5223 and variance sigma^2=0.5556.
i) Let random variable X be number of justices appointed in the year. Assume that X has binomial distribution with n=4. Compute p (probability) to 4 decimals using mu.
ii) Consider random variable Y be number of justices appointed in the year. Assume that Y has Poisson distribution. Determine lamda to 4 decimals using mu.