Which model best describes the number of incorrect fare quotations by a well-trained airline ticket agent between 2 p.m. and 3 p.m. on a particular Thursday?
A)Binomial
B)Poisson
C)Hypergeometric
D)Geometric

Question

Quizplus · Accepted Answer

The Poisson model is best suited for this scenario as it is used to model the number of events occurring in a fixed interval of time. In this case, we are interested in the number of incorrect fare quotations in a specific time period. The other models do not fit this scenario as well: the binomial model is used when there are only two possible outcomes (e.g. success or failure), the hypergeometric model is used for sampling without replacement, and the geometric model is used for the number of trials until the first success.

Which Model Best Describes the Number of Incorrect Fare Quotations