Question

An apartment complex rents an average of 2.3 new units per week. If the number of apartment rented each week Poisson distributed, then the probability of renting no more than 1 apartment in a week is:_________

Answer 1

Answer:

$P(X\leq 1) = 0.331$

Step-by-step explanation:

Given

Poisson Distribution;

Average rent in a week = 2.3

Required

Determine the probability of renting no more than 1 apartment

A Poisson distribution is given as;

$P(X = x) = \frac{y^xe^{-y}}{x!}$

Where y represents λ (average)

y = 2.3

Probability of renting no more than 1 apartment = Probability of renting no apartment + Probability of renting 1 apartment

Using probability notations;

$P(X\leq 1) = P(X=0) + P(X =1)$

Solving for P(X = 0) [substitute 0 for x and 2.3 for y]

$P(X = 0) = \frac{2.3^0 * e^{-2.3}}{0!}$

$P(X = 0) = \frac{1 * e^{-2.3}}{1}$

$P(X = 0) = e^{-2.3}$

$P(X = 0) = 0.10025884372$

Solving for P(X = 1) [substitute 1 for x and 2.3 for y]

$P(X = 1) = \frac{2.3^1 * e^{-2.3}}{1!}$

$P(X = 1) = \frac{2.3 * e^{-2.3}}{1}$

$P(X = 1) =2.3 * e^{-2.3}$

$P(X = 1) = 2.3 * 0.10025884372$

$P(X = 1) = 0.23059534055$

$P(X\leq 1) = P(X=0) + P(X =1)$

$P(X\leq 1) = 0.10025884372 + 0.23059534055$

$P(X\leq 1) = 0.33085418427$

$P(X\leq 1) = 0.331$

Hence, the required probability is 0.331