18. A salesperson has found that the probability of a sale on a single contact is approximately .03. If the salesperson contacts 100 prospects, what is the approximate probability of making at least one sale? 19. Customers arrive at a checkout counter in a department store according to a Poisson distribution at an average of seven per hour. During a given hour, what are the probabilities that (a) no more than three customers arrive? (b) at least two customers arrive? (c) exactly four customers arrive? 20. (a) The random variable Y has a Poisson distribution and is such that P (Y = 0) = P (Y = 1). What is P (Y 2 = 1)? (b) Cars arrive at a toll both according to a Poisson process with mean 80 cars per hour. If the attendant makes a one-minute phone call, what is the probability that at least 1 car arrives during the call? 21. The mean number of automobiles entering a mountain tunnel per two-minute period is one. An excessive number of cars entering the tunnel during a brief period of time produces a hazardous situation. Find the probability that the number of autos entering the tunnel during a two-minute period exceeds three. Does the Poisson model seem reasonable for this problem? 22. The number of claims per month paid by an insurance company is modelled by a random variable N with p.m.f satisfying the relation p(n+1)= 13p(n), n=0,1,2,... where p(n) is the probability that n claims are filed during a given month (a) Find p(0). (b) Calculate the probability of at least one claim during a particular month given that there have been at most four claims during the month.

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
icon
Related questions
Topic Video
Question
18. A salesperson has found that the probability of a sale on a single contact is approximately .03. If the salesperson contacts 100 prospects, what is the approximate probability of making at least one sale? 19. Customers arrive at a checkout counter in a department store according to a Poisson distribution at an average of seven per hour. During a given hour, what are the probabilities that (a) no more than three customers arrive? (b) at least two customers arrive? (c) exactly four customers arrive? 20. (a) The random variable Y has a Poisson distribution and is such that P (Y = 0) = P (Y = 1). What is P (Y 2 = 1)? (b) Cars arrive at a toll both according to a Poisson process with mean 80 cars per hour. If the attendant makes a one-minute phone call, what is the probability that at least 1 car arrives during the call? 21. The mean number of automobiles entering a mountain tunnel per two-minute period is one. An excessive number of cars entering the tunnel during a brief period of time produces a hazardous situation. Find the probability that the number of autos entering the tunnel during a two-minute period exceeds three. Does the Poisson model seem reasonable for this problem? 22. The number of claims per month paid by an insurance company is modelled by a random variable N with p.m.f satisfying the relation p(n+1)= 13p(n), n=0,1,2,... where p(n) is the probability that n claims are filed during a given month (a) Find p(0). (b) Calculate the probability of at least one claim during a particular month given that there have been at most four claims during the month.
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps

Blurred answer
Knowledge Booster
Discrete Probability Distributions
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.
Similar questions
Recommended textbooks for you
MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman