The manager of an online shopping website has determined that an average of 11 customers per minute

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The manager of an online shopping website has determined that an average of 11 customers per minute make a purchase on Saturdays. The manager believes that each customer’s purchase is independent and has decided to model the number of purchases per minute using a Poisson probability distribution.

a. What is the probability that during a one-minute interval on Saturday exactly 8 purchases will be made?

b. What is the probability that more than 15 purchases will be made during a one-minute interval on Saturday?

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Business Statistics

ISBN: 9781292220383

10th Global Edition

Authors: David Groebner, Patrick Shannon, Phillip Fry

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