answersLogoWhite

0


Best Answer

Average number of arriving customers in 4 minute interval is 2.8 and poison distributed what is the probability that exactly six customer will arrive in a 4 minute interval?

User Avatar

Wiki User

13y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: If the number of customers follows a Poisson distribution with a rate of 5.6 per minute what is the distribution of the time it will take for the next two customers to arrive?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Continue Learning about Statistics

What is the probability of no calls in a five-minute period?

The answer depends on the rate at which calls arrive and this is not given in the question. It also depends on the assumptions made about the type of distribution for the call rates.


What is the relationship between research and statistic?

In undertaking a research project,it requires the collection of data in order to arrive at a research conclusion


How are experimental probability and theoretical experiment alike?

They are both estimates of the probability of outcomes that are of interest. Experimental probabilities are derived by repeating the experiment a large number of times to arrive at these estimates whereas theoretical probabilities are estimates based on a mathematical model based on some assumptions.


None of the disk-scheduling disciplines except First Come First Serve algorithm is truly fair starvation may occur explain why this assertion is true?

New requests for the track over which the head currently resides can theoretically arrive as quickly as these requests are being serviced


There are 20 stocks in portfolio with a total beta of 1.65 you sell 5 stocks from portfolio with a total beta of 2.0 each stock weighs 5 after selling the 5 stocks what is the beta?

Say, you hold 1,000 shares of Bharti Airtel, 300 shares of Infosys, 500 shares of Reliance Industries and 700 shares of Hindustan Unilever. In order to completely hedge the portfolio, you need to arrive at the total beta value of your holdings. To begin with, get the beta of individual stocks against the index (available in NSE monthly newsletters). Now, multiply individual beta value of stocks to the current value of investment in that stock. Then, divide the sum of all these numbers with the total value of your investment (current) to arrive at the overall beta of your portfolio.

Related questions

Empty taxis pass by a street corner at a Poisson rate of 2 per minute and pick up a passenger if one is waiting there Passengers arrive at the street corner at a Poisson rate of 1 per minute and wait?

dddf


What to say as a waiter to customers when they arrive at a restaurant?

Welcome


What is subtracted from net sales revenue to get gross profit?

Sales returns from customers and discount allowed to customers are deducted from total sales to arrive at net sales.


What is a queuing system theory?

It is a study of queues. A typical example is one that may be found in banks. Customers arrive at intervals that are determined by some probability distribution function. There are then two possible queueing scenarios: one in which there is a single queue which feeds into several cashiers or a system where there are multiple queues: one for each cashier. When a customer reaches a cashier, it takes the cashier an amount of time to serve him or her. This time also has a probability distribution function - different from the one governing arrival times. The theory studies the optimum queueing scenario, time spent by customers in queues rather than being served, the optimum number of cashiers. The bank must find the best trade-off between the cost of employing more cashiers and the irritation of their customers.


Assume that 3 customers arrive and order different appetizers from a choice of 12 appetizers how many possible ways can this be done and is it permutation or combination?

36


The owner of a shop observes that on average 18 customers per hour arrive and there are typically 8 customers in the shop What is the average length of time each customer spends in the shop?

For 18 people to arrive in one hour, one person must arrive every 3.3 minutes. The ninth person will arrive after approximately 27 minutes, meaning the first person would have to leave at that time. For the rest of the day to continue at the same rate, another person would have to leave every 3.3 minutes. Each person would remain in the store for approximately 27 minutes.


What is the probability of no calls in a five-minute period?

The answer depends on the rate at which calls arrive and this is not given in the question. It also depends on the assumptions made about the type of distribution for the call rates.


Arrive at London or arrive London?

Arrive at or arrive in London.


Which is correct 'arrive to' or 'arrive at'?

Arrive at


Best Taxi Service apart from other transportation options in the area"?

We pride ourselves on our punctuality and dependability. Our customers can trust us to arrive promptly and get them to their destination on time, every time.


How do you get Dominic to go out with you on style savy?

You can change the date on you ds or dsi to your birthday and then go to your shop and Grace might arrive and Dominic will arrive he will give you a present and be patient because soon on that day he will ask you to go to eat so hope that helps!Also some of your best customers will come too


Do you say Arrive at or arrive to?

You say "arrive at" when referring to a destination or specific location. For example, "We arrived at the airport." "Arrive to" is not the correct preposition to use with "arrive."