What percentage of time will second window have to be opened

Assignment Help Basic Statistics
Reference no: EM131670968

Question: On Monday mornings, the First National Bank only has one teller window open for deposits and withdrawals. Experience has shown that the average number of arriving customers in a four-minute interval on Monday mornings is 2.8, and each teller can serve more than that number efficiently. These random arrivals at this bank on Monday mornings are Poisson distributed.

a. What is the probability that on a Monday morning exactly six customers will arrive in a four-minute interval?

b. What is the probability that no one will arrive at the bank to make a deposit or withdrawal during a four-minute interval?

c. Suppose the teller can serve no more than four customers in any four-minute interval at this window on a Monday morning. What is the probability that, during any given four-minute interval, the teller will be unable to meet the demand? What is the probability that the teller will be able to meet the demand? When demand cannot be met during any given interval, a second window is opened. What percentage of the time will a second window have to be opened?

d. What is the probability that exactly three people will arrive at the bank during a two-minute period on Monday mornings to make a deposit or a withdrawal? What is the probability that five or more customers will arrive during an eightminute period?

Reference no: EM131670968

Questions Cloud

What controls constitute a defense in depth strategy : What controls constitute a defense in depth strategy? Explain How are security controls tested and verified?
Design an access system that would control people : Design an access system that would control people getting into your favorite or most valued items, what things would you consider based on your readings.
Identify a social problem working with maternal and infants : Identify a social problem working with maternal and infants. Explain rational for selecting social problem.
Explain the product producer its construction applications : The summary shall identify, describe, and explain; the product, producer, its construction applications, special features, benefits, and limitations.
What percentage of time will second window have to be opened : When demand cannot be met during any given interval, a second window is opened. What percentage of the time will a second window have to be opened?
Analyze the range of organizational policies : Analyze the range of organizational policies (the policy framework) that are needed to effectively manage cybersecurity risks.
Probability that no customers arrive in five-minute interval : A restaurant manager is interested in taking a more statistical approach to predicting customer load. She begins the process by gathering data.
Segregation between religious and ethnic minorities : From 1400 to 1700, how did many societies indulge in conducting segregation between religious and ethnic minorities.?
Perform network security analysis and planning : Perform network security analysis and planning, secure the boundary devices, hosts, and software; and secure the data at rest and in transit.

Reviews

Write a Review

Basic Statistics Questions & Answers

  Find the probability of nonconforming unit in the sample

Proportion nonconforming is 0.10. what is the probability of (1) 1 nonconforming unit in the sample (b) 1 or less (c) 2 or more?

  During the 2005 major league baseball season

During the 2005 Major League Baseball season, Derrek Lee had a 0.335 batting average. Construct a binomial probability distribution for the number of successes (hits) for four official at bats during this season.

  Construct scatter plot relating hai to median famiy income

The National Association of Realtors Existing-Home Sales Series provides a measurement of the residential real estate market. One of the measurements.

  Probability values based on normal distributionthe sony

probability values based on normal distribution.the sony corporation produces a walkman that requires two aa batteries.

  Test an appropriate hypothesis and state your conclusion

Test an appropriate hypothesis and state your conclusion. Be sure the appropriate assumptions and conditions are satisfied before you proceed.

  Neurological deficits in soccer players

Downs and Abwender (2002) found neurological deficits in soccer players who are routinely hit on the head with soccer balls compared to swimmers, who are also athletes but who are not regularly hit in the head. Is this an example of an experimenta..

  What is the conclusion regarding the null hypothesis

Various temperature measurements are recorded at different times for a particular day. the mean of 20 degrees C is obtained for 40 temperatures on 40 different days. Assuming that the standard deviation = 1.5 degree C, test the claim that the populat..

  Find the half length of the confidence interval

If a random sample of the size from part a is selected and a 95% confidence interval for the mean is calculated from this sample.

  What is the letter that contains 2 red and 6 black balls

An URN contains 5 red and 10 black balls, eight of them are placed in another URN. The chance that what is the letter that contains 2 red and 6 black balls?

  In an effort to determine whether any correlation exists

in an effort to determine whether any correlation exists between the price of stocks of airlines an analyst sampled six

  Perform hypothesis test to find evidence to support claim

Convincing evidence to support the claim that fewer than half of adult Americans can name at least one justice currently serving on the Supreme Court.

  When evaluating a new process using the square root of the

when evaluating a new process using the square root of the upper end of the confidence interval for ?2 gives an

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