Use the Poisson Model to Approximate the Probability

question 174

Multiple Choice

Use the Poisson model to approximate the probability. Round your answer to four decimal places.
-The probability that a car will have a flat tire while driving through a certain tunnel is 0.00004. Use the Poisson distribution to approximate the probability that among 7000 cars passing through this tunnel, at least one will
Have a flat tire.

• A) 0.7558
• B) 0.2116
• C) 0.7884
• D) 0.3126
• E) 0.2442

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Definitions:

Time of Sale

The exact moment a transaction is completed and finalized, often referring to the point when a customer makes a payment to a merchant in exchange for goods or services.

Cash

Money in the form of coins or banknotes, especially that used to pay for goods or services.

Track Sales

The process of monitoring and recording sales transactions to analyze performance and trends over time.

Goods or Services

Products or activities offered by a business to satisfy customer needs or wants.