Math Problem Statement

Let X = the number of coffee cups that a waiter drops in a week and assume X ~ Poi(0.59).

Let T be the total cost to the company from coffee cups dropped by the waiter in a week and let T=2X since the coffee cups cost $2 each.

Calculate Var(T) correct to 2dp.

Solution

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Math Problem Analysis

Mathematical Concepts

Poisson Distribution
Variance
Linear Transformation

Formulas

Variance of Poisson distribution: Var(X) = λ
Variance of linear transformation: Var(aX) = a^2 * Var(X)

Theorems

Poisson Distribution Properties

Suitable Grade Level

Undergraduate Statistics