World's most popular travel blog for travel bloggers.

Perform The following a) If a bank receives on an average λ=6 bad cheques per day what is the probability

, , No Comments
Perform The following
a)  If a bank receives on an average λ=6 bad cheques per day what is the  probability that it will receive 4 bad cheques on any given day. 

 b)  A farmer buys a quantity of cabbage seeds from a company that  claims that approximately 90% of the seeds will germinate if planted  properly. If four seeds are planted, what is the probability that  exactly two will germinate.

A)


Let X denote the number of bad cheques received by the bank in a day with average number of such cheques being 6 i.e.E(X)=6. We can use Poisson distribution to model the uncertainty in such cases i.e. XPois(6). So the probability that X is equal to 4 is
Pr(X=4)=64e64!
To get this value, one can use R:
  1. x = 4
  2. lambda = 6
  3. dpois(x, lambda)


and the value is:


Pr(X=4)=0.1338526


B) 

This situation follows the binomial distribution with n=4 and p=90/100=9/10
The random variable X is the number of seeds that germinate. We have to calculate the probability that exactly two of the four seedswill germinate. That is P[X=2]. By applying Binomial formula , we get


 P[X=2] = (4C2) * (9/10)2 *(1/10)2
 = 6 * (81/100) * (1/100) = 486/10000 = 0.0486
So , the required probability is 0.0486 

0 comments:

Post a Comment

Let us know your responses and feedback