The managers of a grocery store are interested in knowing how many people will shop in their

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The managers of a grocery store are interested in knowing how many people will shop in their store in a given hour. Suppose they collect data and find that the average number of people who enter the store in any 15-min period is 12.

Find the probability that eight people will enter the store in any 15-min period.

What is the probability that no more than eight people will enter the store in any 15-min period?

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Statistics For Business And Financial Economics

ISBN: 9781461458975

3rd Edition

Authors: Cheng Few Lee , John C Lee , Alice C Lee

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Question Posted: Feb 10, 2024 01:16 PM

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The managers of a grocery store are interested in knowing how many people will shop in their

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Statistics For Business And Financial Economics

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