{[ promptMessage ]}

Bookmark it

{[ promptMessage ]}

mba 522 5-38 - function(described in the appendix of...

Info icon This preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
Here is my explanation for all parts of problem 5-38. a. You must use equation 5.11. The problem says to use mu=3. So, plug 3 for mu in equation 5.11 to answer part a. b. Here: mu=3, x=2. To solve this with your calculator put in the following key-strokes: 3 Y x 2 x (multiply key) 3 +|- button 2nd key LN key division key 2 2nd key x (multiply key) = At this point, you should see on your display: 0.2240. You can also reach this answer by using the Poisson table in the appendix of the book. Or, you could use the Poisson function in Excel. It works the same way as the Binomial
Image of page 1
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: function (described in the appendix of chapter -- appendix 5.2). c. follow the same steps as in part b. But use x=1. d) X must be greater than or equal to 2. You could use the complement of this to calculate the answer. Use: P (x >= 2) = 1 - [f(0) + f(1)] You have calculated f(1) in part c. Calculate f(0). Add up f(0) and f(1), and subtract the answer from 1 to get the answer for part d. Dr. J....
View Full Document

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern