Q BgQuestion:

      
Apprentice
Karma Points: 106
Respect (100%):
posted by  zinybeam on 11/3/2009 4:09:02 PM  |  status: Live  |  Earned Karma: 106

POISSON DISTRIBUTIONS

Course Textbook Chapter Problem Needs by
N/A N/A N/A N/A 11/4/2009 at 6:00:00 AM
Question Details:

A store selling newspapers only orders 4 of a certain newspaper because the manager does not get

many calls for that publication. If the number of requests per day follows a Poisson distribution with

mean four,

a) What is the expected value of the number sold?

b) How many should the manager order so that the chance of running out is less than 0.08?

Bonus Point Alert! Earn +9 additional karma points for helping this platinum member.

AAnswers:

Answer Question Ask for clarification

No one has answered this question yet.

Be the first to answer. Earn up to 15 karma points.

Answer Question Ask for clarificarion

Join Cramster's Community

Cramster.com brings together students, educators and subject enthusiasts in an online study community. With around-the-clock expert help and a community of over 100,000 knowledgeable members, you can find the help you need, whenever you need it. Join for free today » How Cramster is different from tutoring »