Math Problem Statement
Suppose that the number of drivers who travel between a particular origin and destination during a designated time period has a Poisson distribution with parameter 𝜇 = 20 (suggested in the article "Dynamic Ride Sharing: Theory and Practice"†). (Round your answer to three decimal places.) (a) What is the probability that the number of drivers will be at most 15? (b) What is the probability that the number of drivers will exceed 29? (c) What is the probability that the number of drivers will be between 15 and 29, inclusive? What is the probability that the number of drivers will be strictly between 15 and 29? (d) What is the probability that the number of drivers will be within 2 standard deviations of the mean value?
Solution
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Math Problem Analysis
Mathematical Concepts
Probability
Poisson Distribution
Standard Deviation
Formulas
Poisson probability mass function: P(X = k) = (e^(-μ) * μ^k) / k!
Cumulative distribution function (CDF) for Poisson
Standard deviation for Poisson: σ = √μ
Theorems
Poisson Distribution Theorem
Suitable Grade Level
Grades 11-12, University Level
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