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 March 19th, 2014, 08:44 AM #1 Newbie   Joined: Nov 2013 Posts: 12 Thanks: 0 Business Statistics The mean number of accidents attributed to taxi drivers in a metropolitan city is 3. Out of 1000 drivers, what is the number of taxi drivers with a) No accidents b) Not more than 3 accidents ( e-3= 0.049
 March 19th, 2014, 09:34 AM #2 Global Moderator     Joined: Nov 2006 From: UTC -5 Posts: 16,046 Thanks: 938 Math Focus: Number theory, computational mathematics, combinatorics, FOM, symbolic logic, TCS, algorithms Re: Business Statistics Do you know how to use the Poisson distribution?
 March 19th, 2014, 10:35 AM #3 Newbie   Joined: Nov 2013 Posts: 12 Thanks: 0 Re: Business Statistics No I dnt know how to use.
 March 19th, 2014, 12:08 PM #4 Global Moderator     Joined: Nov 2006 From: UTC -5 Posts: 16,046 Thanks: 938 Math Focus: Number theory, computational mathematics, combinatorics, FOM, symbolic logic, TCS, algorithms Re: Business Statistics This is probably what you;re expected to use here. If you don't even know what it is, you'll need some kind of introduction or at least refresher first. Try https://www.youtube.com/watch?v=Fk02TW6reiA or http://en.wikipedia.org/wiki/Poisson_distribution Th basic idea is that the expected number (lambda) is 3 and you need to use the formula to find out what the probability of getting a certain number is, given that lambda value.

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