A bank received on average 7 bad cheques per day. What is the probability that the bank will receive 3 bad cheques on any given day? Hint: Use Poisson distribution

Q: The time between arrivals of vehicles at a particular intersection follows an exponential…

A: given data exponential distributionμ = 11 secondsλ = 111 per secondsx = time between…

Q: You should assume that serious earthquakes throughout the world occur at a rate of one per 500 days.…

A: Solution: Given that , Since X has Poisson distribution wth parameter λand λ=1 earthquake per 500…

Q: The question is in the picture. Help please, thanks

A: Let us denote X=the number of hurricanes category 3 or more per year.  Given that X follows a…

Q: Human behavior can sometimes be modeled as a Poisson process. Suppose when you send a tweet on…

A: The probability shows how likely an event occurs.

Q: A medical clinic averages 31 walk-in patient arriving each hour. Assuming the number of patient…

A: Given: Every hour, on average, 31 walk-in patients arrive at the medical clinic. Let X be the number…

Q: Use the Poisson distribution tables, not the mathematical formula.  It is estimated that 2% of the…

A: Given : 2% of the people in an auditorium of 100 unmarried/not related adults own a second home i.e…

Q: Delivery times for shipments from a central warehouse are exponentially distributed with a mean of…

A: Given:Note that sample mean  follows a Normal distribution with

Q: compute the mean or expected payout of the ticket.

A:

Q: In a recent year, an author wrote 156 checks. Use the Poisson distribution to find the probability…

A:

Q: In a recent​ year, an author wrote 188 checks. Use the Poisson distribution to find the probability​…

A: Solution: Let X be the random variable that the number of check written in a year. The formula for…

Q: In a recent​ year, a hospital had 4350 births. Find the mean number of births per​ day, then use…

A: Given that, a hospital had 4350 births in a recent year Here, consider the year has non-leap year…

Q: A certain kind of sheet metal has, on average, 3 defects per 10 square feet. Assuming a Poisson…

A: Given , Mean , 3  defects per  10 ft2We have to find the probability that a 16 ft2 metal sheet has…

Q: Suppose a fair coin is flipped 3000 times and counted the number of heads and tails. Using the…

A: Fair coin is flipped 3000 times and counted number of heads and tails. Probability of getting head…

Q: What is the probability that at the least 276 rooms will be occupied? Use binomial distribution to…

A: Given data: Number of rooms included in a sample, n = 300. Probability that a reservation is…

Q: . On average there are 30 shark attacks per year in Florida. In 2018 there were only 16 shark…

A:

Q: You work at a mechanic shop.  On average, 10 cars come into your shop each day.  Assuming a poisson…

A:

Q: assume that the daily retun on Apple stock is approximately normally distributed  with the mean…

A: From the provided information, Mean (µ) = 0.13% Standard deviation (σ) = 2.34% X~N (0.13, 2.34)

Q: Distinguish between the Binomial and Poisson probability distributions.

A: Answer:- Binomial distribution describes the distribution of binary data from a finite sample. Thus…

Q: The number of calls made by a telemarketer follows a Poisson distribution with a mean of 2 calls per…

A: Using Poisson Distribution

Q: 3% of the computers produced in a factory are defective. Use the Poisson distribution to approximate…

A: We have to find given probability.

Q: someone finds that an average of 1.6 cars approach the intersection every minute. assuming the…

A: Given that someone finds that an average of 1.6 cars approach the intersection every minute.…

Q: It has been observed that the number of traffic accidents on the L.I. expressway requiring medical…

A: Obtain the probability that the number of such accidents is at most 6 in one day. The probability…

Q: Please no written by hand solutions Gubser Welding, Inc., operates a welding service for…

A: Note:- "Since you have posted a question with multiple sub parts, we will provide the solution only…

Q: The number of calls made by a telemarketer follows a Poisson distribution with a mean of 2 calls in…

A: Poisson pmf with rate lambda= 6