Question
A bank has four ATMs. During peak demand periods, customers arrive at a rate of 66 per hour (Poisson) and take 2 minutes on average
A bank has four ATMs. During peak demand periods, customers arrive at a rate of 66 per hour (Poisson) and take 2 minutes on average to complete their transactions (exponential). During these periods, what is the probability of having no customers at the ATMs? (as % rounded to 1 decimal place)
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Fundamentals of Financial Accounting
Authors: Fred Phillips, Robert Libby, Patricia Libby, Brandy Mackintosh
4th Canadian edition
978-1259269868, 978-1259103292
