A fur pillow costs $50 and sells for $80. What is the rate of markup based on the selling price?
1 answer:
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Answer:
a) correct option is
Poisson distribution is 6.2 and standard deviation is 2.49
b) probability for only 2 or less than 2 surgeries in a given day is 0.0536
Step-by-step explanation:
Given data:
mean number is given as 6.2
correct option is
Poisson distribution is 6.2 and standard deviation is 2.49
we know that variance is given as
hence, standard deviation is given as
thus standard deviation is 2.49
correct option is
Poisson distribution is 6.2 and standard deviation is 2.49
b) probability for only 2 or less than 2 surgeries in a given day is
= 0.002029 + 0.012582+ 0.039006
= 0.053617
= 0.0536