Suppose you manage the demand for a towing company in little Rock which follows a poisson process. On a usual day your company gets 4
Suppose you manage the demand for a towing company in little Rock which follows a poisson process. On a usual day your company gets 4 requests for towing services. What is the probability you will get 1 request a day? What is the mean, variance, and standard deviation for the number of calls your company gets? (15 points) {You may use Excel formula / output on this problem}
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