IF WE ASSUME THAT THE NUMBER OF CARS ARRIVING FOLLOWS A POISSON DISTRIBUTION, ON AN AVERAGE,...

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IF WE ASSUME THAT THE NUMBER OF CARS ARRIVING FOLLOWS A POISSON DISTRIBUTION, ON AN AVERAGE, 7 CARS ARRIVE AT THE DRIVE UP WINDOW OF THE BANK EVERY HOUR, THEN THE PROBABILITY OF EXACTLY 5 CARS APPEASRING IN THE NEXT HOUR IS: A 0.042 0.047 0.127717 IF WE ASSUME THAT THE NUMBER OF CARS ARRIVING FOLLOWS A POISSON DISTRIBUTION, ON AN AVERAGE, 7 CARS ARRIVE AT THE DRIVE UP WINDOW OF THE BANK EVERY HOUR, THEN THE PROBABILITY OF EXACTLY 5 CARS APPEASRING IN THE NEXT HOUR IS: A 0.042 0.047 0.127717

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The parameter lambda is the average rate of a... View the full answer