A salesman earns a Commission of $630 for selling $3050 in merchandise
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Answer:
700 lbs and 3.742
Step-by-step explanation:
Given that raw materials are studied for contamination. Suppose that the number of particles of contamination per pound of material is a Poisson random variable with a mean of 0.02 particle per pound.
a) To get 14 particles of contamination we must have
expected number of pounds =
b) Since for 700 pounds particles expected are 14 we can say in a Poisson distribution mean and variance are equal
i.e. Var (700 lbs to obtain 14 particles of contamination ) = 14
Std deviation =