A local drugstore owner knows that, on average, 100 people enter his store each hour.
a) Find the probability that in a given 3-minute period nobody enters the store.
b) Find the probability that in a given 3-minute period more than 5 people enter the
store.
We have a Poisson distribution,
"\\lambda=100;\nP_t(X=k)=\\cfrac{(\\lambda t)^k\\cdot e^{-\\lambda t}}{k!};\\\\\n3\\ \\rm{mins=\\cfrac{3}{60} \\ hour=0.05\\ hour;}"
"\\rm For\\ a\\ 3-minute\\ period \\ \\lambda t=100\\cdot0.05=5."
a)
"P_{0.05}(X=0)=\\cfrac{5^0\\cdot e^{-5}}{0!}=0.0067."
b)
"P_{0.05}(X>5)=1-P_{0.05}(X\\leq5)=\\\\\n=1-(P_{0.05}(X=0)+P_{0.05}(X=1)+\\\\\n+P_{0.05}(X=2)+P_{0.05}(X=3)+\\\\\n+P_{0.05}(X=4)+P_{0.05}(X=5))=\\\\\n=1-\\\\\n-\\begin{pmatrix}\n \\cfrac{5^0}{0!}+\\cfrac{5^1}{1!}+\\cfrac{5^2}{2!}+\\cfrac{5^3}{3!}+\\cfrac{5^4}{4!}+\\cfrac{5^5}{5!}\\end{pmatrix}\\cdot e^{-5}=\\\\\n=1-\\\\\n-(1+5+12.5+20.83+26.04+26.04)\\cdot e^{-5}=\\\\\n=1-0.6160=0.3840."
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