Explaining Binomial and poisson

Reference no: EM1321764

Q1) Decide whether experiment is binomial, Poisson or neither based on info given. Each week man plays game in which he has a 21% chance of winning. Random variable is number of times he wins in 64 weeks.

i) binomial

ii) Poisson

iii) Neither

Q2)We have Poisson distribution with mean = 4. Determine P(X = 3), P(X < 3), P(X <= 3), P(X > 3), variance, and standard deviation.

Transportation problem involves following costs, supply and demand.

	To
From	1	2	3	4	Supply
1	$500	$750	$300	$450	12
2	650	800	400	600	17
3	400	700	500	550	11
Demand	10	10	10	10

i) Create a linear programming model for this problem.

ii) Solve this transportation problem using computer (note: if using QM for Windows, make sure to choose the transportation module).

Reference no: EM1321764

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