Arrivals at the parking lot close to your job follow an approximately Poisson pattern, with a mean arrival rate of 10 cars per hour. You arrive at 9 A.M. and fnd that there are fve available spaces (of a total of 20 in the lot). You know that your boss will be arriving at 9:30, and will need a place in the lot to park. Assuming that any new arrival will be in the lot for at least a half hour and that no one currently in the lot will leave between now and 9:30, compute the probability that your boss will have a place to park at 9:30
a. if you decide to park in the lot.
b. if you decide NOT to park in the lot.

  • CreatedJuly 16, 2015
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