n Hawaii, the rate of motor vehicle theft is 520 thefts per 100,000 vehicles. A large parking structure in Honolulu has issued 568 parking permits. (a) What is the probability that none of the vehicles with a permit will eventually be stolen? (Round λ to 1 decimal place. Use 4 decimal places for your answer.)
n Hawaii, the rate of motor vehicle theft is 520 thefts per 100,000 vehicles. A large parking structure in Honolulu has issued 568 parking permits. (a) What is the probability that none of the vehicles with a permit will eventually be stolen? (Round λ to 1 decimal place. Use 4 decimal places for your answer.)
MATLAB: An Introduction with Applications
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ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
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In Hawaii, the rate of motor vehicle theft is 520 thefts per 100,000 vehicles. A large parking structure in Honolulu has issued 568 parking permits.
(a) What is the probability that none of the vehicles with a permit will eventually be stolen? (Round λ to 1 decimal place. Use 4 decimal places for your answer.)
Expert Solution
Step 1
From the given information,
Consider, X be the vehicles with a permit.
In Hawaii,the rate of motor vehicle theft is 520 thefts per 100,000 vehicles.
Sample size (n) =568
Thus, required proportion of vehicle thefts is-
Since, sample size is large enough that is n>100 and probability is so small therefore, Poisson approximation of binomial will be used.
a)
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