Poisson process for demands for item on warehouse

Assignment Help Basic Statistics

Reference no: EM1398786

Demands for an item are part of a poisson process and are made on a warehouse 3 times per day. What is the probability that on a given day this item is requested:

a) more than 4 times per day

b) more than 4 times in 3 days?

The professor gave the answers as:

a) 8.4%

b) 94.5%

Reference no: EM1398786

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