Maurice Tutor

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    Argosy University/ Phoniex University/
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Category > Management Posted 11 Oct 2017 My Price 4.00

Poisson probability distribution

The number x of people who arrive at a cashier's counter in a bank during a specified period of time often exhibits (approximately) a Poisson probability distribution. If we know the mean arrival rate A, the Poisson probability distribution can be used to aid in the design of the customer service facility. Suppose you estimate that the mean number of arrivals per minute for cashier service at a bank is one person per minute

a. What is the probability that in a given minute the i number of arrivals will equal three or more?

b. Can you tell the bank manager that the number of i arrivals will rarely exceed two per minute?

 

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Maurice Tutor
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Status NEW Posted 11 Oct 2017 04:10 PM My Price 4.00

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