When pieces of wood first arrive at the baseball bat factory,
they are placed on a lathe and shaped into the form of a baseball
bat. The company has a few dozen lathes in operation at all times.
An engineer working at the facility records how many times per week
a lathe breaks down and needs to be repaired. Assume that Y = # of
lathe repairs needed in one week and that Y is Poisson with λ =
3.3.
(a) What is the probability that exactly 5 lathe repairs will be
needed next week?
(b) What is the standard deviation of the number of lathe
repairs?
a)
b)
If X ~ P (λ)
Var(X) = λ
Standard deviation = sqrt(3.3) = 1.817
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