Use the Poisson Distribution to Find the Indicated Probability

question 26

Multiple Choice

Use the Poisson Distribution to find the indicated probability. Round to three decimal places when necessary.
-A computer salesman averages 1.9 sales per week. Use the Poisson distribution to find the probability that in a randomly selected week the number of computers sold is

• A)3. 0.188
• B)0.214
• C)0.171
• D)0.325

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Definitions:

Good X

A placeholder term used to denote a specific product or commodity in economic models and discussions.

Good Y

A term used in economics to represent a generic second good, often used in theoretical models comparing two different goods.

Budget Constraint

The restrictions on the sets of goods and services a consumer can purchase, determined by their income and the cost of these items.

Nachos

A Mexican dish consisting of heated tortilla chips covered with melted cheese and often also served with a variety of toppings.