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Suppose occurences of sales on a small company's website are well modeled by a Poisson model with A = 3/ hour. a) If a salejust
Suppose occurences of sales on a small company's website are well modeled by a Poisson model with A = 3/ hour. a) If a salejust occurred, what is the expected waiting time until the next sale? b) What is the probability that the next sale will happen in the next 9 minutes?
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