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    1. The document contains problems involving binomial and Poisson random variables. For the binomial problems, it asks to find probabilities and expected values given the mean and variance. For the Poisson problems, it provides the rate of occurrences and asks to calculate probabilities for the number of occurrences within given time periods. 2. The document tests understanding of key properties of binomial and Poisson distributions including calculating probabilities, finding maximum/minimum values, and determining expected numbers of occurrences. 3. It contains both word problems and computational exercises to demonstrate proficiency with these important random variables.

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    Bs Question

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    Arnob Ray
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    1. The document contains problems involving binomial and Poisson random variables. For the binomial problems, it asks to find probabilities and expected values given the mean and variance. For the Poisson problems, it provides the rate of occurrences and asks to calculate probabilities for the number of occurrences within given time periods. 2. The document tests understanding of key properties of binomial and Poisson distributions including calculating probabilities, finding maximum/minimum values, and determining expected numbers of occurrences. 3. It contains both word problems and computational exercises to demonstrate proficiency with these important random variables.

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    1. The document contains problems involving binomial and Poisson random variables. For the binomial problems, it asks to find probabilities and expected values given the mean and variance. For the Poisson problems, it provides the rate of occurrences and asks to calculate probabilities for the number of occurrences within given time periods. 2. The document tests understanding of key properties of binomial and Poisson distributions including calculating probabilities, finding maximum/minimum values, and determining expected numbers of occurrences. 3. It contains both word problems and computational exercises to demonstrate proficiency with these important random variables.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
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    2 views1 page

    Bs Question

    Uploaded by

    Arnob Ray
    1. The document contains problems involving binomial and Poisson random variables. For the binomial problems, it asks to find probabilities and expected values given the mean and variance. For the Poisson problems, it provides the rate of occurrences and asks to calculate probabilities for the number of occurrences within given time periods. 2. The document tests understanding of key properties of binomial and Poisson distributions including calculating probabilities, finding maximum/minimum values, and determining expected numbers of occurrences. 3. It contains both word problems and computational exercises to demonstrate proficiency with these important random variables.

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    © All Rights Reserved
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    of 1

    Difficult Problems in Binomial Random Variable

    1. Let X be the binomial random variable with mean of 5 and variance of 3.75
    a. What is the maximum possible value X can take?
    b. What is the probability of success?
    c. Find the probability that X will take value of 3?
    d. Find the probability that X will take at least 4?
    e. Find the probability that X will take at most 2?
    2. Let X be the binomial random variable with mean of 5. Then, find the range of values
    variance can take?
    3. Katy and Taylor are best friends. Taylor says to her friend that she has the ability to
    continuous put three heads of coin tosses. So, katy decided to test with monetary bet.
    The deal is: if Taylor win and showcase her ability, katy will pay 50 dollars to Taylor.
    However, if Taylor loses, Taylor has to pay 20 dollars to Katy. You are watching this
    and wondering if every now and then if they both play this game, how much Taylor is
    expected to make in every bet. Similarly, how much katy is expected to make in every
    bet?
    4. Let 𝑋~𝐵𝑖𝑛𝑜𝑚𝑖𝑎𝑙(10,0.35) If P(X<=k) >= 0.75, Find k? Hint: Use Binom.inv in
    excel
    Problems in Poisson Random Variable
    1. DMart near Airport Trichy is open for 365 days. On average, in a week (Mon-Sun), the
    UPI bill payment error occurs 25 times.
    a. What is 𝜆 and 𝑡 given above?
    b. What is the maximum number of times UPI bill payment error can occur in a
    week at DMart?
    c. In a typical week, what is the probability that only ten UPI bill payment error
    occurs?
    d. In a typical week, what is the probability that at most 20 UPI bill payment error
    occurs?
    e. In a typical week, what is the probability that at least 15 UPI bill payment error
    occurs?
    f. In a typical weekday, what is the probability that at least 15 UPI bill payment
    error occurs?
    i. In order to answer above, what value of 𝜆 and 𝑡 you will consider?
    ii. Then, what is the probability value?
    g. On a busy Sunday, what is the probability that no UPI bill payment error occurs?
    i. In order to answer above, what value of 𝜆 and 𝑡 you will consider?
    ii. Then, what is the probability value?
    h. Let us say, DMart is open between 10 AM to 10 PM. Then, What is expected
    time gap (in hours) between any two consecutive UPI payment errors?

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