Cargo ships arrive to İzmir port with an average of 1 ship per hour according to Poisson process. Answer the following question about this process. Show all your work and indicate the probability distribution you use when necessary. a. What is the expectation and the variance of the time between 4th and 5th ship arrivals

College Algebra
10th Edition
ISBN:9781337282291
Author:Ron Larson
Publisher:Ron Larson
Chapter8: Sequences, Series,and Probability
Section8.7: Probability
Problem 11ECP: A manufacturer has determined that a machine averages one faulty unit for every 500 it produces....
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Cargo ships arrive to İzmir port with an average of 1 ship per hour according to Poisson process. Answer the following question about this process. Show all your work and indicate the probability distribution you use when necessary.

a. What is the expectation and the variance of the time between 4th and 5th ship arrivals

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