CA Foundation Exam  >  CA Foundation Questions  >  The standard deviation of a Poisson variety i... Start Learning for Free
The standard deviation of a Poisson variety is 1.732. What is the probability that the
variety lies between -2.3 to 3.68?
?
Most Upvoted Answer
The standard deviation of a Poisson variety is 1.732. What is the prob...
Calculating Probability for Poisson Distribution


Understanding Poisson Distribution


Poisson Distribution is a mathematical concept that helps to calculate the probability of an event occurring in a given time frame. It is used when the number of occurrences of an event is rare but can happen at any time. The formula for Poisson Distribution is:

P (x; λ) = (e^-λ) (λ^x) / x!

Where x is the number of occurrences, λ is the mean number of occurrences, and e is the base of the natural logarithm.

Calculating Probability for Given Range


To calculate the probability of a Poisson variety lying between -2.3 to 3.68, we need to follow these steps:

1. Find the mean number of occurrences (λ)

The standard deviation of a Poisson variety is equal to the square root of the mean. Therefore, the mean number of occurrences can be calculated as:

SD = sqrt(λ)
1.732 = sqrt(λ)
λ = (1.732)^2
λ = 3

2. Calculate the probability of x for each value within the range

We need to calculate the probability of x for each value within the range using the Poisson Distribution formula:

P (x; λ) = (e^-λ) (λ^x) / x!

For x = -2.3:
P (-2.3; 3) = (e^-3) (3^-2.3) / (-2.3)!
P (-2.3; 3) = 0.007

For x = -1.3:
P (-1.3; 3) = (e^-3) (3^-1.3) / (-1.3)!
P (-1.3; 3) = 0.023

For x = -0.3:
P (-0.3; 3) = (e^-3) (3^-0.3) / (-0.3)!
P (-0.3; 3) = 0.086

For x = 0.68:
P (0.68; 3) = (e^-3) (3^0.68) / 0.68!
P (0.68; 3) = 0.302

For x = 1.68:
P (1.68; 3) = (e^-3) (3^1.68) / 1.68!
P (1.68; 3) = 0.321

For x = 2.68:
P (2.68; 3) = (e^-3) (3^2.68) / 2.68!
P (2.68; 3) = 0.201

For x = 3.68:
P (3.68; 3) = (e^-3) (3^3.68) / 3.68!
P (3.68; 3) = 0.086

3. Sum the probabilities of all the values within the range

The probability of the Poisson variety lying between -2.3 to 3.68 is the sum of all the probabilities calculated in step 2:

P (-2.3 ≤ x ≤ 3
Community Answer
The standard deviation of a Poisson variety is 1.732. What is the prob...
0.65
Explore Courses for CA Foundation exam
The standard deviation of a Poisson variety is 1.732. What is the probability that thevariety lies between -2.3 to 3.68??
Question Description
The standard deviation of a Poisson variety is 1.732. What is the probability that thevariety lies between -2.3 to 3.68?? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about The standard deviation of a Poisson variety is 1.732. What is the probability that thevariety lies between -2.3 to 3.68?? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for The standard deviation of a Poisson variety is 1.732. What is the probability that thevariety lies between -2.3 to 3.68??.
Solutions for The standard deviation of a Poisson variety is 1.732. What is the probability that thevariety lies between -2.3 to 3.68?? in English & in Hindi are available as part of our courses for CA Foundation. Download more important topics, notes, lectures and mock test series for CA Foundation Exam by signing up for free.
Here you can find the meaning of The standard deviation of a Poisson variety is 1.732. What is the probability that thevariety lies between -2.3 to 3.68?? defined & explained in the simplest way possible. Besides giving the explanation of The standard deviation of a Poisson variety is 1.732. What is the probability that thevariety lies between -2.3 to 3.68??, a detailed solution for The standard deviation of a Poisson variety is 1.732. What is the probability that thevariety lies between -2.3 to 3.68?? has been provided alongside types of The standard deviation of a Poisson variety is 1.732. What is the probability that thevariety lies between -2.3 to 3.68?? theory, EduRev gives you an ample number of questions to practice The standard deviation of a Poisson variety is 1.732. What is the probability that thevariety lies between -2.3 to 3.68?? tests, examples and also practice CA Foundation tests.
Explore Courses for CA Foundation exam

Top Courses for CA Foundation

Explore Courses
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev