A company makes water pumps. The probability that a randomly selected pump is defective is equal to p. What is the probability that a sample of M pumps will contain exactly 3 defective items? Use Binomial distribution and Poisson distribution. Comment upon your results.
Parameters are calculated as follows:
(a) Calculated values of parameters:
(b) Calculations using Poisson distribution (please show your working):
(c) Calculations using Binomial distribution (please show your working):
(d) Please comment on your results
The question belongs to Statistics and it discusses about using Poisson distribution for calculating values of parameters.
Total Word Count 102Download Full Solution
If you are here for the first time, you can request for a discount coupon, which can knock off upto 20% of the quoted price on any service.