A what is the probability that a typical family will


The number of tubes of toothpaste purchased by a typical family is a random variable having a Poisson distribution with an average of 1.8 tubes per month.

(a) What is the probability that a typical family will purchase at least three tubes of toothpaste in any given month?

(b) What is the likelihood that a typical family will purchase less than four tubes of toothpaste in any given month?

Note: Calculate all the probabilities using the Poisson formula and then the Excel function POISSON.

Request for Solution File

Ask an Expert for Answer!!
Dissertation: A what is the probability that a typical family will
Reference No:- TGS01294633

Expected delivery within 24 Hours