# Question

Suppose occurrences of sales on a small company’s website are well modeled by a Poisson model with A — 5/hour.

a) If a sale just occurred, what it the expected waiting time until the next sale?

b) What is the probability that the next sale will happen in the next 6 minutes?

a) If a sale just occurred, what it the expected waiting time until the next sale?

b) What is the probability that the next sale will happen in the next 6 minutes?

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