A car hire firm has 2 cars which is hired out everyday. The number of demands per dayfor a car follows Poisson distribution with mean 1.20. What is the proportion of days on
which some demand is refused?
Answers
Given : A car hire firm has 2 cars which is hired out everyday. The number of demands per day for a car follows Poisson distribution with mean 1.20.
To find : What is the proportion of days on which some demand is refused
Solution:
P(x) = λˣ e^(-λ) / x!
Mean demand = λ = 1.2
Demand is not refused if demand is 0 , 1 or 2
Demand is refused if more than 2
Demand is not refused = P(0) + P(1) + P(2)
= 1.2⁰ * / 0! + 1.2¹ *
= 0.301 + 0.3614 + 0.2169
= 0.8793
Demand is refused 1 - 0.8793 = 0.1207
proportion of days on which some demand is refused 0.1207
0.12 ( approximate)
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Answer:
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