You may need to use the appropriate appendix table or technology to answer this question. Customer arrivals at a bank are random and independent; the probability of an arrival in any one-minute period is the same as the probability of an arrival in any other one-minute period. Answer the following questions, assuming a mean arrival rate of three customers per minute. (Round your answers to four decimal places.) (a) What is the probability of exactly three arrivals in a one-minute period? (b) What is the probability of at least three arrivals in a one-minute period?
You may need to use the appropriate appendix table or technology to answer this question. Customer arrivals at a bank are random and independent; the probability of an arrival in any one-minute period is the same as the probability of an arrival in any other one-minute period. Answer the following questions, assuming a mean arrival rate of three customers per minute. (Round your answers to four decimal places.) (a) What is the probability of exactly three arrivals in a one-minute period? (b) What is the probability of at least three arrivals in a one-minute period?
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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