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What is the probability that a sample of m pumps

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Reference no: EM13889353 , Length: word count:250

A company makes water pumps. The probability that a randomly selected pump is defective is equal to p. What is the probability that a sample of M pumps will contain exactly 3 defective items? Use Binomial distribution and Poisson distribution. Comment upon your results.

Parameters are calculated as follows:

(a) Calculated values of parameters:

M =

p =

(b) Calculations using Poisson distribution (please show your working):

(c) Calculations using Binomial distribution (please show your working):

(d) Please comment on your results

Additional information

The problem related to Statistics and it defines about using Poisson distribution for calculating values of parameters.

Word limit: 250

Reference no: EM13889353

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