In: Math
The computer that controls a bank's automatic teller machine crashes a mean of 0.4 0.4 times per day. What is the probability that, in any seven-day week, the computer will crash less than 4 4 times? Round your answer to four decimal places.
Let X be the number of times per week the computer that controls a bank's automatic teller machine crashes. This can be modelled using Poisson distribution because it satisfies the following properties:
The computer that controls a bank's automatic teller machine crashes a mean of 0.4 times per day. For 7 days, the mean number of crashes = 7 * 0.4 = 2.8 per week
Thus, X ~ Poisson( = 2.8)
Probability that the computer will crash less than 4 times in a week = P(X < 4)
= P(X = 0) + P(X = 1) + P(X = 2) + P(X = 3)
= 2.80 * exp(-2.8) / 0! + 2.81 * exp(-2.8) / 1! + 2.82 * exp(-2.8) / 2! + 2.83 * exp(-2.8) / 3!
= 0.0608 + 0.1702 + 0.2384 + 0.2225
= 0.6919