No. of birthday parties observed in a class is a poisson random variable with an average of 6/month. what is the probability that there will be 3 parties in a day?
Average amount of parties in a day λ=6/30=0.2\lambda=6/30=0.2λ=6/30=0.2
According to Poisson's distribution:
P(3)=λ3e−λ/3!=0.23e−0.2/6≈≈0.001091641≈0.11%P(3)=\lambda^3e^{-\lambda}/3!=0.2^3e^{-0.2}/6\approx\\ \approx0.001091641\approx0.11\%P(3)=λ3e−λ/3!=0.23e−0.2/6≈≈0.001091641≈0.11%
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