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Statistics
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Statistics Principles
Quiz 5: Probability Distributions
Path 4
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Question 41
Multiple Choice
Use the Poisson Table (Appendix A, Table 3) to find P [ X
≥
\ge
≥
4] for rate parameter m = 2.4
Question 42
Essay
Consider a Poisson random variable with rate parameter m = 4. Find its: (a) Mean (b) Variance (c) Standard Deviation
Question 43
True/False
Is the Poisson distribution a suitable approximation for to the binomial distribution with n = 55 and p = .03
Question 44
Essay
The probability of red coming up on a roulette wheel that has 18 red, 18 black, and 2 green slots is 18/38 or about .474. If you bet on red a large number of times, what proportion of times will you win. Explain your reasoning.