Complaints about an Internet brokerage firm occur at a rate of 6 per day. The number of complaints appears to be Poisson distributed.
A. Find the probability that the firm receives 7 or more complaints in a day.
Probability =
B. Find the probability that the firm receives 33 or more complaints in a 5-day period.
Probability =
a)
Here, λ = 6 and x = 6
As per Poisson's distribution formula P(X = x) = λ^x *
e^(-λ)/x!
We need to calculate P(X > 6) = 1 - P(X <= 6).
P(X > 6) = 1 - (6^0 * e^-6/0!) + (6^1 * e^-6/1!) + (6^2 *
e^-6/2!) + (6^3 * e^-6/3!) + (6^4 * e^-6/4!) + (6^5 * e^-6/5!) +
(6^6 * e^-6/6!)
P(X > 6) = 1 - (0.0025 + 0.0149 + 0.0446 + 0.0892 + 0.1339 +
0.1606 + 0.1606)
P(X > 6) = 1 - 0.6063
= 0.3937
b)
Here, λ = 6*5 = 30 and x = 33
P(X > 32) = 1 - P(X <= 32)
= 1 - 0.6845
= 0.3155
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