Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

2] {15} Suppose people arrive at an automated banking machine according to the conditions of a Poisson process at an average rate of It per

image text in transcribed
2] {15} Suppose people arrive at an automated banking machine according to the conditions of a Poisson process at an average rate of It per hour. We also know that acts of all 15-minute intervals have no arrivals. a] Do you think the 3 condib'ons for a Poisson process would actually hold in this situation in reality? Why or why not? b} What percent have [exacby] c arrivals at the machine in an hour? c] What is the expected number and variance of arrivals in a workday to hours}? What is the expected number of arrivals in 5 mins? d} Let T be the total number of 15-minute intervals which must be observed until the 5"1 interval with no an'ivals at the machine occurs. Solve for the probability that a total of 3 intervals are observed to obtain the 5m interval with no arrivals. e] If E. 15-min intervals are needed to observe 5 with \"no an'ivals\

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Multiple Time Scale Dynamics

Authors: Christian Kuehn

1st Edition

3319123165, 9783319123165

More Books

Students also viewed these Mathematics questions