document.write( "Question 1174138: Iwas Realty is a real estate company selling homes in the Vancouver, British Columbia.
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document.write( "The mean number of homes sold by the company per day is 2.
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document.write( "a. What is the probability that the company sells exactly 3 homes tomorrow?
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document.write( "b. Find the probability of selling more than 2 homes on a particular day? \n" );
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Algebra.Com's Answer #799539 by ewatrrr(24785)![]() ![]() You can put this solution on YOUR website! \r\n" ); document.write( "Hi,\r\n" ); document.write( "\r\n" ); document.write( "The mean number of homes sold by the company per day is 2\r\n" ); document.write( "\r\n" ); document.write( "Poisson Distribution: λ = 2 \r\n" ); document.write( "Using TI Calculator: \r\n" ); document.write( "\r\n" ); document.write( "a. What is the probability that the company sells exactly 3 homes tomorrow?\r\n" ); document.write( " P(3) = poissonpdf(λ,x) = poissonpdf(2,3) = .1804\r\n" ); document.write( "\r\n" ); document.write( "b. Find the probability of selling more than 2 homes on a particular day?\r\n" ); document.write( " 1 - P(x ≤ 2 ) = 1 - poissoncdf(2,2)= 1 - .6767 = .3233\r\n" ); document.write( "\r\n" ); document.write( "Personally - use a Casio fx-115 ES plus \r\n" ); document.write( "Important You are comfortable using Your calculator\r\n" ); document.write( "\r\n" ); document.write( "Wish You the Best in your Studies.\r\n" ); document.write( " \n" ); document.write( " \n" ); document.write( " |