Question

A vendor sells merchandise through Amazon and Ebay. On Ebay she sells an average rate of...

A vendor sells merchandise through Amazon and Ebay. On Ebay she sells an average rate of 2 items per day, while on Amzaon the daily average is 3. Both sales follow a Poisson distribution and are independent of each other. What is the probability that she sells 5 items on a given day?

0.189 is not correct

Homework Answers

Answer #1

For X ~ Poi ( ) and Y ~ Poi () ,

X + Y ~ Poi ( + )

So,

For Ebay and Amzaon,

X + Y ~ Poi ( + ) = Poi ( 2 + 3) = Poi ( 5)

P(X) = e- * X / X!

So,

P(X = 5) = e-5 * 55 / 5!

= 0.1755

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