The number of phone calls that reach 1800 numbers in a certain time period follows a Poisson

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The number of phone calls that reach 1–800 numbers in a certain time period follows a Poisson distribution. Assume that there are about 15,000 potential callers. Each caller has a probability of 0.001 of making such a phone call.

What is the probability that we have less than 20 callers who make phone calls during this time 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 11, 2024 12:00 AM

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The number of phone calls that reach 1800 numbers in a certain time period follows a Poisson

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The situation describes a Poisson process where a large number of individuals callers each has a sma...View the full answer

Statistics For Business And Financial Economics

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