The number of rescue calls received by a rescue squad in a city follows a Poisson distribution

Question:

The number of rescue calls received by a rescue squad in a city follows a Poisson distribution with µ = 2.83 per day. The squad can handle at most four calls a day.

a. What is the probability that the squad will be able to handle all the calls on a particular day?

b. The squad wants to have at least 95% confidence of being able to handle all the calls received in a day. At least how many calls a day should the squad be prepared for?

c. Assuming that the squad can handle at most four calls a day, what is the largest value of µ that would yield 95% confidence that the squad can handle all calls?

Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Complete Business Statistics

ISBN: 9780077239695

7th Edition

Authors: Amir Aczel, Jayavel Sounderpandian

Question Posted: