Problem 1 (25%) due 05-16-2024
A wire manufacturing company has inspectors to examine the wire for fractures as it comes
out of a machine. The number of fractures is distributed in accordance with a Poisson
process, having one fracture on the average for every 50 meters of wire. One day an inspector
has to take an emergency phone call and is missing from his post for ten minutes. If the
machine turns out 7 meters of wire per minute, what is the probability that the inspector will
miss more than one fracture?
Hint:Poisson Process with length (you need to replace the time with the length.)