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)
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
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 denote the number of bad cheques received by the bank in a day with average number of such cheques being i.e.. We can use Poisson distribution to model the uncertainty in such cases i.e. . So the probability that is equal to is
To get this value, one can use R:
- x = 4
- lambda = 6
- 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
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