Find the probability that there will be 4 or more customers

Assignment Help Basic Statistics
Reference no: EM132479557

A bank gets an average of 8.5 customers per hour. Assume the variable follows a Poisson distribution. Find the probability that there will be 4 or more customers at this bank in one hour.

Reference no: EM132479557

Questions Cloud

Prepare Bramble journal entry to record the dividends : Bramble Corporation purchased 1,500 common shares of Nolan Inc. common stock for $15,500. Prepare Bramble's journal entry to record the dividends received
Write an essay on cloud computing : In 500 words or more, consider this statement: For cloud computing to become multi-jurisdictional, it must be separated from politics.
What are the variable costs and fixed costs : What are the variable costs, fixed costs, and contribution margin? Sales $2,800,000 Cost of Goods Sold $2,000,000 Gross Margin 800,000
What is the annual after-tax cost to Idaho Office Supply : Seiko current salary is 85,000. What is the annual after-tax cost to Idaho Office Supply if provides Seiko with the 10,000 increase in salary
Find the probability that there will be 4 or more customers : Find the probability that there will be 4 or more customers at this bank in one hour.
Discuss the importance of software and technology : Discuss the importance of software and technology to Graphic Design and Web design(coding). Specifically, how does software that you use today reflect.
What are the basic type of account debited and credited : What are The basic type of account debited and credited (Asset, Liability, Stockholders' Equity). The specific account debited and credited (Cash, Rent Expense
Discuss why the e-mail has become a critical component : With this detail in mind, briefly state and discuss why the e-Mail has become a critical component for IG implementation? 2 pages Use proper citations.
What are the implications for internal auditing : What are the implications for internal auditing if management fails to respond appropriately to an observation warranting corrective action

Reviews

Write a Review

Basic Statistics Questions & Answers

  Statistics-probability assignment

MATH1550H: Assignment:  Question:  A word is selected at random from the following poem of Persian poet and mathematician Omar Khayyam (1048-1131), translated by English poet Edward Fitzgerald (1808-1883). Find the expected value of the length of th..

  What is the least number

MATH1550H: Assignment:  Question:     what is the least number of applicants that should be interviewed so as to have at least 50% chance of finding one such secretary?

  Determine the value of k

MATH1550H: Assignment:  Question:     Experience shows that X, the number of customers entering a post office during any period of time t, is a random variable the probability mass function of which is of the form

  What is the probability

MATH1550H: Assignment:Questions: (Genetics) What is the probability that at most two of the offspring are aa?

  Binomial distributions

MATH1550H: Assignment:  Questions:  Let’s assume the department of Mathematics of Trent University has 11 faculty members. For i = 0; 1; 2; 3; find pi, the probability that i of them were born on Canada Day using the binomial distributions.

  Caselet on mcdonald’s vs. burger king - waiting time

Caselet on McDonald’s vs. Burger King - Waiting time

  Generate descriptive statistics

Generate descriptive statistics. Create a stem-and-leaf plot of the data and box plot of the data.

  Sampling variability and standard error

Problems on Sampling Variability and Standard Error and Confidence Intervals

  Estimate the population mean

Estimate the population mean

  Conduct a marketing experiment

Conduct a marketing experiment in which students are to taste one of two different brands of soft drink

  Find out the probability

Find out the probability

  Linear programming models

LINEAR PROGRAMMING MODELS

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd