In: Statistics and Probability
In Hawaii, the rate of motor vehicle theft is 503 thefts per 100,000 vehicles. A large parking structure in Honolulu has issued 491 parking permits.
(a) What is the probability that none of the vehicles with a
permit will eventually be stolen? (Round λ to 1 decimal
place. Use 4 decimal places for your answer.)
(b) What is the probability that at least one of the vehicles with
a permit will eventually be stolen? (Use 4 decimal places.)
(c) What is the probability that three or more vehicles with a
permit will eventually be stolen? (Use 4 decimal places.)
(a)
Poisson Distribution.
Mean = = np = 435 X 0.00486 = 2.1
Probability Mass Function of X is given by:
for x = 0, 1,..
For X = 0:
So,
the probability that none of the vehicles with a permit will eventually be stolen = 0.1225
(b)
P(X1) = 1- P(X=0) = 1- 0.1225 = 0.8775
So,
So,
the probability that at least one of the vehicles with a permit will eventually be stolen = 0.8775
(c)
P(X3) = 1 - [P(X=0) + P(X=1) + P(X=2)]
So,
P(X3) = 1 - 0.6496=0.3504
So,
So,
the probability that three or more vehicles with a permit will eventually be stolen = 0.3504