Answer:
a) Cancellations are independent and similar to arrivals.
b) 22.31% probability that no cancellations will occur on a particular Wednesday
Step-by-step explanation:
In a Poisson distribution, the probability that X represents the number of successes of a random variable is given by the following formula:
[tex]P(X = x) = \frac{e^{-\mu}*\mu^{x}}{(x)!}[/tex]
In which
x is the number of sucesses
e = 2.71828 is the Euler number
[tex]\mu[/tex] is the mean in the given time interval.
Mean rate of 1.5 per day on a typical Wednesday.
This means that [tex]\mu = 1.5[/tex]
(a) Justify the use of the Poisson model.
Each wednesday is independent of each other, and each wednesday has the same mean number of cancellations.
So the answer is:
Cancellations are independent and similar to arrivals.
(b) What is the probability that no cancellations will occur on a particular Wednesday
This is P(X = 0).
[tex]P(X = x) = \frac{e^{-\mu}*\mu^{x}}{(x)!}[/tex]
[tex]P(X = 0) = \frac{e^{-1.5}*(1.5)^{0}}{(0)!} = 0.2231[/tex]
22.31% probability that no cancellations will occur on a particular Wednesday