
Nick C. answered 11/22/22
7-Years experienced tutor. Worked at the world's largest HF. 770 GMAT.
So from the looks of this, one may see that it is indeed a Poisson Distribution where λ=10.
Thus, for any x, we know P(x) = (e-10*10x)/x!.
(a) is asking P(X≥4).
P(X≥4) = 1–P(X<4) = 1–[P(3) + P(2) + P(1) + P(0)]
= 1–[(e-10*103)/3! + (e-10*102)/2! + (e-10*101)/1! + (e-10*100)/0!]
= 1–[0.0076+0.0023+0.0005+0]
= 0.9896
(b) is asking P(X=4).
P(4) = (e-10*104)/4! = .0189
(c) is asking what is the probability 2 out of the 5 days, there will be four customers arriving.
To figure this out, we may use the binomial formula.
n=5 (for 5 days)
x=2 (2 successes in the 5 days)
p=.0189 (from part (b))
(n choose x)*px*(1-p)n-x
(5 choose 2)*.01892*(1-.0189)5-2
.0034