In: Statistics and Probability
The huge market that exists for golf balls can be partially attributed to the fact that golfers lose them at an average rate of 3 per 18-hole round. Assume that the number of golf balls lost in an 18-hole round is distributed as a Poisson random variable. What is the probability that: No balls will be lost in an 18-hole round? 5 or fewer will be lost in an 18-hole round? 2 or fewer will be lost in a 9-hole round? 3 or fewer will be lost in a 36-hole round?
(a)
Poisson Distribution with = 3 is given by:
for x = 0, 1,...
So,
Answer is:
0.0498
(b)
P(X5) = P(X=0) + P(X=1) + P(X=2) + P(X=3) +P(X=4) +P(X=5)
So,
P(X5) = 0.9161
So,
Answer is:
0.9161
(c)
Poisson Distribution with = 1.5 is given by:
for x = 0, 1,...
P(X2) = P(X =0) + P(X = 1) + P(X = 2)
So,
P(X2)= 0.8089
So,
Answer is:
0.8089
(d)
Poisson Distribution with = 6 is given by:
for x = 0, 1,...
P(X3) = P(X =0) + P(X = 1) + P(X = 2) + P(X=3)
So,
P(X3) = 0.1512
So,
Answer is:
0.1512