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The number of sales in a day for a small company is a gamma random variable that has a distribution with parameters a= 2 and b = 4. Find the probability for more than 5 sales on any given day. P(X > 5)

The number of sales in a day for a small company is a gamma random variable that has a distribution with parameters a= 2 and b = 4. Find the probability for more than 5 sales on any given day. P(X > 5)

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
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  1. The number of sales in a day for a small company is a gamma random variable that has a distribution with parameters a= 2 and b = 4. Find the probability for more than 5 sales on any given day.

P(X > 5) 

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2. GAMMA DISTRIBUTION. A random variable X has a gam is referred to as a gamma random variable if and only if i -iven by g(x; a, B) = 1 βαΓ(α) 0 --le-x/B for x>0 elsewhere
Transcribed Image Text:2. GAMMA DISTRIBUTION. A random variable X has a gam is referred to as a gamma random variable if and only if i -iven by g(x; a, B) = 1 βαΓ(α) 0 --le-x/B for x>0 elsewhere
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