A local pharmacy has two checkout stations available to its customers: a regular checkout station and an
Question:
a. Find the marginal distributions of X and Y. What does each of these distributions tell you?
b. Find the conditional distribution of X given Y. What is the practical benefit of knowing this conditional distribution?
c. What is the probability that no one is waiting or being served in the regular checkout line?
d. What is the probability that no one is waiting or being served in the express checkout line?
e. What is the probability that no more than two customers are waiting in both lines combined?
f. On average, how many customers would you expect to see in each of these two lines during the busiest time of day at the pharmacy?
Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
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Related Book For
Data Analysis and Decision Making
ISBN: 978-0538476126
4th edition
Authors: Christian Albright, Wayne Winston, Christopher Zappe
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