Question
The number of flaws on a VHS magnetic tape produced continuously at a factory follows a Poisson distribution with an average of 0.01 flaws per
The number of flaws on a VHS magnetic tape produced continuously at a factory follows a Poisson distribution with an average of 0.01 flaws per meter. A standardsVHS cassette tape contains 250 meters of magnetic tape.
a. What is the probability that there are at least two flaws in a single VHS cassette tape?
b. What is the probability that there are no flaws in a single VHS cassette tape; that is, a tape is flawless?
c. In a random sample of 20 cassettes, what is the probability that at least two of them are flawless?
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An Introduction to the Mathematics of financial Derivatives
Authors: Salih N. Neftci
2nd Edition
978-0125153928, 9780080478647, 125153929, 978-0123846822
