Probability calculation is an intrinsic part of statistics that quantifies the likelihood of particular outcomes. In exercises like determining machine breakdown probabilities, understanding and calculating probabilities allows decision-makers to anticipate various outcomes credibly.
For example, to find the probability of no machine breakdowns in a week, we set \( x = 0 \) in the Poisson PMF, which results in:
- \[ P(0) = \frac{e^{-2} \cdot 2^0}{0!} \approx 0.1353 \]
This result implies around a 13.53% chance of experiencing no breakdowns in the week.
Similarly, to find the probability of no more than two breakdowns, calculations sum the probabilities for breakdowns of 0, 1, and 2:
- \[ P(x \leq 2) = P(0) + P(1) + P(2) \]
- \[ P(x \leq 2) = 0.1353 + 0.2707 + 0.2707 \approx 0.6767 \]
This provides a 67.67% likelihood of having two or fewer breakdowns in a week, aiding in realistic expectation setting for maintenance needs. Understanding this process strengthens clarity on how likely various operational scenarios are, equipping teams to prepare strategically for potential disruptions.