The mean number of oil tankers at a port city is 8 per day. The port has facilities to handle up to 12 oil tankers in day. What is the probability that too many tankers will arrive on a given day?
Assuming (perhaps without justification) a Poisson distribution,
the probability of more than 12 tankers arriving on a given day is (approximately)
If the tankers arrive with a Poisson distribution (which seems likely but not certain), then The probability of more than These equations can be evaluated with a calculator or (as below) by using a spreadsheet:
The probability of
given the average of
is given by the formula:
and
the probability of
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When evaluating a one-sided limit, you need to be careful when a quantity is approaching zero since its sign is different depending on which way it is approaching zero from. Let us look at some examples.
When evaluating a one-sided limit, you need to be careful when a quantity is approaching zero since its sign is different depending on which way it is approaching zero from. Let us look at some examples.
When evaluating a one-sided limit, you need to be careful when a quantity is approaching zero since its sign is different depending on which way it is approaching zero from. Let us look at some examples.
When evaluating a one-sided limit, you need to be careful when a quantity is approaching zero since its sign is different depending on which way it is approaching zero from. Let us look at some examples.
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