In: Statistics and Probability
The average number of customers at a window of a certain bank per minute during banking hours is four. Find the probability that during a given minute. i. No customers appear ii. Three or fewer customers
we are given mean=4
This problem is based on exponential distribution:
X=no of customers appear
X~exp(0.25)
P(X=x)=
(A)
P(no customers appear)=P(X=0)=
P(X=0)=
P(X=0)=
P(X=0)=0.25
P(no customers appear)=P(X=0)=0.25
(B)P(3 or fewer customers arrive)=P(X 3)
P(X 3)=
P(X 3)=
P(X 3)=0.25
P(X 3)=
P(X 3)=
P(X 3)=
P(X 3)=
P(X 3)=
P(X 3)=0.527633
P(3 or fewer customers arrive)=P(X 3)=0.527633
please rate my answer and comment for doubts.