Cabs pass your workplace according to a Poisson process with a mean of five cabs per hour. Approximate the probability that more than 65 cabs pass within a 15-hour day. Approximate the probability that between 50 and 65 cabs pass in a 15-hour day. Include in the solution the Poisson solution (final answers may not be exact due to rounding. Choose the nearest answer as necessary). O a. NONE O b.0.1363, 0.8897 O c. 0.8637, 0.1103 O d.0.014, 0.51

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Please provide a clear and complete solution using Normal Approximation - Poisson

Cabs pass your workplace according to a Poisson process with a mean of five cabs per hour.
Approximate the probability that more than 65 cabs pass within a 15-hour day.
Approximate the probability that between 50 and 65 cabs pass in a 15-hour day.
Include in the solution the Poisson solution (final answers may not be exact due to rounding.
Choose the nearest answer as necessary).
O a. NONE
O b.0.1363, 0.8897
O c. 0.8637, 0.1103
O d.0.014, 0.51
Transcribed Image Text:Cabs pass your workplace according to a Poisson process with a mean of five cabs per hour. Approximate the probability that more than 65 cabs pass within a 15-hour day. Approximate the probability that between 50 and 65 cabs pass in a 15-hour day. Include in the solution the Poisson solution (final answers may not be exact due to rounding. Choose the nearest answer as necessary). O a. NONE O b.0.1363, 0.8897 O c. 0.8637, 0.1103 O d.0.014, 0.51
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