Occasionally an airline will lose a bag. Suppose a small airline has found it can
reasonably m...
Business, 21.03.2020 05:13 payshencec21
Occasionally an airline will lose a bag. Suppose a small airline has found it can
reasonably model the number of bags lost each weekday using a Poisson model with a mean of 2.2 bags.
(a) What is the probability that the airline will lose no bags next Monday?
(b) What is the probability that the airline will lose 0, 1, or 2 bags on next Monday?
(c) Suppose the airline expands over the course of the next 3 years, doubling the number of eights it makes,
and the CEO asks you if it's reasonable for them to continue using the Poisson model with a mean of 2.2. What is an appropriate recommendation? Explain.
Answers: 1
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