Suppose that the number of drivers who travel between a particular origin and destination during a designated time period has a Poisson distribution with parameter μ = 20 (suggested in the article "Dynamic Ride Sharing: Theory and Practice"†). (Round your answer to three decimal places.) (a) What is the probability that the number of drivers will be at most 15? (b) What is the probability that the number of drivers will exceed 26? (c) What is the probability that the number of drivers will be between 15 and 26, inclusive? What is the probability that the number of drivers will be strictly between 15 and 26? (d) What is the probability that the number of drivers will be within 2 standard deviations of the mean value?

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Answer:

Step-by-step explanation:

Given that the number of drivers who travel between a particular origin and destination during a designated time period has a Poisson distribution with parameter μ = 20 (suggested in the article "Dynamic Ride Sharing: Theory and Practice"†).

a) [tex]P(X\leq 15) = 0.1565=0.157[/tex]

b) [tex]P(X>26) =1-F(26)\\= 1-0.9221\\=0.0779=0.078[/tex]

c) [tex]P(15\leq x\leq 26)\\=F(26)-F(14)\\=0.9221-0.1049\\=0.8172=0.817[/tex]

d) 2 std dev = 2(20) =40

Hence 2 std deviation means

20-40, 20+40

i.e. (0,60)

[tex]P(0<x<60)\\=F(60)-F(0)\\=1-0.00000206\\=0.99999794=1.000[/tex]

The probability that the number of drivers will be within 2 standard deviations of the mean value is 100%.

What is Poisson Distribution?

The Poisson Distribution is a discrete probability distribution that describes the likelihood of a specific number of events occurring in a specified span of time or space at a known constant mean rate, regardless of the time since the last occurrence.

As it is given that the number of drivers who traveled between a particular origin and destination during a designated time period has a Poisson distribution with parameter μ = 20.

A.) The probability that the number of drivers will be at most 15.

    [tex]\begin{aligned}P(X\leq 15)&= P(X < 15)\\&=0.1565\\&=15.7\% \end{aligned}[/tex]

B.) The probability that the number of drivers will exceed 26.

    [tex]\begin{aligned}P(X > 26)&= 1 - P(X < 26)\\&=1-0.9221\\&=0.0779\\&=7.8\% \end{aligned}[/tex]

C.) The probability that the number of drivers will be strictly between 15 and 26.

    [tex]\begin{aligned}P(15\leq x\leq 26)&= P(X < 26)-P(x < 15)\\&=0.9221-0.1049\\&=0.8172\\&=81.72\% \end{aligned}[/tex]

D.)  The probability that the number of drivers will be within 2 standard deviations of the mean value.

    [tex]\begin{aligned}\sigma_2 &= 2\mu\\&=2(20)\\&=40\end{aligned}[/tex]

[tex]20 \pm 40\\(0, 60)[/tex]

Now, the probability can be written as,

[tex]\begin{aligned}P(0 < X < 60)&=P(X < 60)-P(X < 0)\\&=1-0.00000206\\&=0.99999794\approx 1.000 \end{aligned}[/tex]

Hence, the probability that the number of drivers will be within 2 standard deviations of the mean value is 100%.

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