Assignment 1 QMM
Assignment 1 QMM
Question:
The annual number of industrial accidents occurring in a particular manufacturing plant is known to follow a Poisson distribution with mean 12.
a. What is the probability of observing exactly 12 accidents during the coming year?
b. What is the probability of observing no more than 12 accidents during the coming year?
c. What is the probability of observing at least 15 accidents during the coming year?
d. What is the probability of observing between 10 and 15 accidents (inclusive) during the coming year?
e. Find the smallest integer k such that we can be at least 99% sure that the annual number of accidents occurring will be less than it.
Poisson Distribution Analysis:
Poisson distribution is one of the distribution types available in the domain of statistics and probability, others being, binomial distribution, beta distribution, normal distribution etc. It is a discrete
probability distribution which concerns with the probability of a given number of events occurring in a particular interval of time or space.
Answer and Explanation:
The answers to all the given sub-questions are explained below:
Here, the mean (m) of the given distribution is 12.
Also, the value of Euler's constant (e) = 2.71
a. What is the probability of observing exactly 12 accidents during the coming year?
The formula for the probability of x = 12 accidents is,
P(x)
=e−m∗mxx!=e−m∗mxx!
=e−12∗121212!=e−12∗121212!
= 11.86%
b. What is the probability of observing no more than 12 accidents during the coming year?
Using the cumulative Poisson distribution table with mean (m) = 12 and the x <= 12, we get the probability as 57.60%
c. What is the probability of observing at least 15 accidents during the coming year?
Using the cumulative Poisson distribution table with mean (m) = 12 and the x <= 14, we get the probability as 77.20%
Therefore, the probability of observing at least 15 accidents during the coming year = 100% - 77.20% = 22.80%
d. What is the probability of observing between 10 and 15 accidents (inclusive) during the coming year?
Using the cumulative Poisson distribution table with mean (m) = 12 and the x <= 9, we get the probability as 24.24%
Also, using the cumulative Poisson distribution table with mean (m) = 12 and the x <= 15, we get the probability as 84.44%
Therefore, the probability of observing between 10 and 15 accidents (inclusive) during the coming year
= probability of observing no more than 15 accidents during the coming year - probability of observing no more than 9 accidents during the coming year
= 84.44% - 24.24%
= 60.20%
e. Find the smallest integer k such that we can be at least 99% sure that the annual number of accidents occurring will be less than it.
Using the cumulative Poisson distribution table with mean (m) = 12 and the probability as 99%, we get x <= 20.29
Hence, for k= 21, we can be at least 99% sure that the annual number of accidents occurring will be less than it.