Question
Customers in a Bank In the Ames International Campus Bank (open 24h every day) 5 customers arrive on average during an hour. Answer the following
Customers in a Bank
In the Ames International Campus Bank (open 24h every day) 5 customers arrive on average during an hour.
Answer the following questions. First write down the problem in terms of some random variables and write
down what distribution assumptions you make about these random variables.
(a) What is the probability that during an hour no customer arrives?
(b) What is the probability that during an hour, 7 or more customers arrive?
(c) What is the probability that there's more than 30 minutes between the 2nd and 3rd customer of the
day?
(d) What is the probability that you have to wait less than an hour for seven customers to arrive?
(e) How many minutes do you expect to wait until the 12th customer arrives?
(f) How many minutes do you expect to wait on average between arrivals?
Please Answer E and F atleast if you can't answer all questions
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started