Math Problem Statement
The number of persons arriving per hour in an insurance company for the insurance of their cars follows the Poisson distribution with parameter 6, find the probability that exactly 7 people will arrive during any 90 minute period. (Enter the answer correct to 3 decimal accuracy)
Solution
To solve the problem, we need to use the Poisson distribution formula, which is given by:
Where:
- is the probability of exactly events occurring.
- is the average number of events in the given time period.
- is the number of events we're interested in (in this case, 7).
- is the base of the natural logarithm, approximately equal to 2.71828.
Step 1: Determine the effective rate ()
The problem states that the average number of persons arriving per hour is 6. We need to calculate the average number of arrivals during a 90-minute period. Since 90 minutes is 1.5 hours, we multiply the rate by 1.5:
Step 2: Apply the Poisson distribution formula
Now, we calculate the probability of exactly 7 people arriving ():
Step 3: Compute the values
Let's calculate this step by step.
- (approximately 0.0001234098)
Now, substitute these into the formula:
Final Answer:
The probability that exactly 7 people will arrive during any 90-minute period is approximately 0.117.
Would you like more details or have any questions?
Here are some related questions:
- What is the cumulative probability for at most 7 people arriving?
- How does the Poisson distribution apply to other real-world scenarios?
- What is the probability that fewer than 7 people arrive in 90 minutes?
- How would the probability change if the period were only 30 minutes?
- What assumptions underlie the use of the Poisson distribution in this context?
Tip: The Poisson distribution is particularly useful for modeling the number of events happening within a fixed interval of time or space when those events occur independently.
Ask a new question for Free
By Image
Drop file here or Click Here to upload
Math Problem Analysis
Mathematical Concepts
Probability Theory
Poisson Distribution
Formulas
Poisson distribution formula
Theorems
-
Suitable Grade Level
Grades 11-12
Related Recommendation
Probability of Arrivals in an Insurance Company: Poisson Distribution Problem
Probability Calculation Using Poisson Distribution for Airport Passenger Arrivals
Poisson Distribution Probability: Calculating Probability of Exactly 4 Special Orders
Poisson Distribution: Probability of Abandoned Calls with 2.7 Calls in 5 Minutes
Poisson Distribution: Probability of More Than 4 Patients in Emergency Room