Question

In: Statistics and Probability

Suppose you are ordering pizza from a restaurant that is known to complete one order every...

Suppose you are ordering pizza from a restaurant that is known to complete one order every 10 minutes. Let N be a Poisson RV modeling the number of orders completed in an hour.

(a) What is Λ?

(b) What is the probability that fewer than (or equal to) 5 orders are completed in one hour?

(c) What is the probability that between (or including) 4 to 8 orders are completed in an hour?

(d) What is the probability that more than (or equal to) 7 orders are completed in one hour?

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