In: Statistics and Probability
on average 5 people enter the retaurant per minute. what is the probability that more than 25 people enter the restaurant in the next 4 minutes?
On average 5 people enter the restaurant per minute. What is the probability that more than 25 people enter the restaurant in the next 4 minutes?
The above discussed distribution is a Poisson distribution with below attributes
A Poisson experiment is a statistical experiment that has the following properties:
Given the mean number of successes (μ) that occur in a specified region, we can compute the Poisson probability based on the following formula:
P(x; μ) = (e-μ) (μx) / x!
where x is the actual number of successes that result from the experiment, and e is approximately equal to 2.71828.
Here, Average number of people per 4 minute = 5*4 = 20
To calculate,
P(X>25) = 1 - P(X 25) = 1- 0.88782 = 0.11218
[ P(X 25) = 0.88782 can be calculated from the Poisson distribution table by looking in the column headed by = 20 and the row headed by X = 25]