Jenise is buying a car for $7,155. The TAVT rate is 5.9%.
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Answer:
The probability that in a randomly selected office hour in the 10:30 am time slot exactly two students will arrive is 0.2241.
Step-by-step explanation:
Let <em>X</em> = number of students arriving at the 10:30 AM time slot.
The average number of students arriving at the 10:30 AM time slot is, <em>λ</em> = 3.
A random variable representing the occurrence of events in a fixed interval of time is known as Poisson random variables. For example, the number of customers visiting the bank in an hour or the number of typographical error is a book every 10 pages.
The random variable <em>X</em> is also a Poisson random variable because it represents the fixed number of students arriving at the 10:30 AM time slot.
The random variable <em>X</em> follows a Poisson distribution with parameter <em>λ</em> = 3.
The probability mass function of <em>X</em> is given by:
Compute the probability of <em>X</em> = 2 as follows:
Thus, the probability that in a randomly selected office hour in the 10:30 am time slot exactly two students will arrive is 0.2241.