Compute Probabilities of a Poisson Random Variable

question 102

Multiple Choice

Compute Probabilities of a Poisson Random Variable
-The number of goals scored at State College hockey games follows a Poisson distribution with a mean of 4 goals per game. Find the probability that each of three randomly selected State College hockey games resulted in five goals being scored.

• A) 0.00381788
• B) 0.46888038
• C) 0.00028461
• D) 0.53111962

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Definitions:

Total Revenue

The total amount of money generated from the sale of goods or services by a company before any expenses are deducted.

Total Revenue

The total amount of money received by a company from sales of goods or services before any expenses are subtracted.

Price Elasticity

A measure of how much the quantity demanded or supplied of a good changes in response to a change in its price.

Tea Sales

This refers to the commercial activity of buying and selling tea in various forms and quantities.