Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The number of lost packages per 100,000 shipments averages 4.4 per week. Assume that the number of lost packages follows a Poisson distribution. a. What

image text in transcribed
image text in transcribed
The number of lost packages per 100,000 shipments averages 4.4 per week. Assume that the number of lost packages follows a Poisson distribution. a. What is the probability of exactly 2 lost? It is . (4 decimal places). b. What is the probability that there are more than ONE lost next week? After solving a and b consider how the lambda and the problem changes when the time unit changes to daily. Then and lambda becomes lambda = (4.4/week)(1week/7 day) = 4.4/7 = 0.63 packages lost per day

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Elementary Number Theory

Authors: James K Strayer

1st Edition

1478618507, 9781478618508

More Books

Students also viewed these Mathematics questions