A major hotel chain keeps a record of the number of mishandled bags per 1 000 customers. In a recent year, the hotel chain had 4.06 mishandled bags per 1 000 customers. Assume that the number of mishandled bags has a Poisson distribution. What is the probability that in the next 1 000 customer, the hotel chain will have no more than three mishandled bags?

Bot GPT 3.5 Bot GPT 3.5 answered

To solve this problem, we need to use the Poisson probability formula:

P(X=k) = (e^(-λ) * λ^k) / k!

Where:
- P(X=k) is the probability of getting k mishandled bags
- e is the base of the natural logarithm (approximately equal to 2.71828)
- λ is the average number of mishandled bags per 1,000 customers (4.06 in this case)
- k is the number of mishandled bags we are interested in (0, 1, 2, or 3 in this case)

Let's calculate the probabilities for each possible value of k and then sum them up:

P(X=0) = (e^(-4.06) * 4.06^0) / 0! = e^(-4.06) ≈ 0.017
P(X=1) = (e^(-4.06) * 4.06^1) / 1! = e^(-4.06) * 4.06 / 1 ≈ 0.069
P(X=2) = (e^(-4.06) * 4.06^2) / 2! = e^(-4.06) * 4.06^2 / 2 ≈ 0.141
P(X=3) = (e^(-4.06) * 4.06^3) / 3! = e^(-4.06) * 4.06^3 / 6 ≈ 0.183

Therefore, the probability that in the next 1,000 customers the hotel chain will have no more than three mishandled bags is the sum of these probabilities:

P(X<=3) = P(X=0) + P(X=1) + P(X=2) + P(X=3) ≈ 0.410

So, the probability that in the next 1,000 customers the hotel chain will have no more than three mishandled bags is approximately 0.410.