Claims arrive to an insurance company according to a Poisson Process. The average number of claims...

Claims arrive to an insurance company according to a Poisson Process. The average number of claims reported every day is 2.5. It has been reported that 15% of these claims are fake. What is the probability that in a week of five business day 10 claims arrive and one of these is fake? ONLY ANSWERRRRR

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orchestra answered 1 year ago

Customers arrive at a department store according to a Poisson process with an average of 12...

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Customers arrive at a cafe every 2 minutes on average according to a Poisson process. There...

Customers arrive at a cafe every 2 minutes on average according to a Poisson process. There are 2 employees working at the bar providing customer service, i.e., one handling customer orders and another handling payments. It takes an average of 1 minute to complete each order (exponentially distributed). Based on the above: f. What are the service time probability density and cumulative distribution functions? g. What percentage of customer orders will be prepared in exactly 2 minutes? h. What are...

Emails arrive in an inbox according to a Poisson process with rate λ (so the number...

Emails arrive in an inbox according to a Poisson process with rate λ (so the number of emails in a time interval of length t is distributed as Pois(λt), and the numbers of emails arriving in disjoint time intervals are independent). Let X, Y, Z be the numbers of emails that arrive from 9 am to noon, noon to 6 pm, and 6 pm to midnight (respectively) on a certain day. (a) Find the joint PMF of X, Y, Z....

Customers arrive to the checkout counter of a convenience store according to a Poisson process at...

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Customers arrive at an establishment according to a Poisson process of frequency  = 5 per...

Customers arrive at an establishment according to a Poisson process of frequency  = 5 per hour. Since the establishment opens at 9:00 am: a) What is the probability that exactly a client arrived by 9:45 am? b) What is the probability of maximum five clients by 11:45 am?

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Small aircraft arrive at a private airport according to a given Poisson process at a rate...

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Customers arrive at a service center according to a Poisson process with a mean interarrival time...

Customers arrive at a service center according to a Poisson process with a mean interarrival time of 15 minutes. If two customers were observed to have arrived in the first hour, what is the probability that at least one arrived in the last 10 minutes of that hour?

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