Suppose that customers come into a particular store at an average rate of 5 customers per hour. Assume that the number of customers coming into the store follows a Poisson distribution.In the next 3 hours, the probability that exactly 5 customers come into the store in each hour is closest to
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This is our λ (lambda) for the Poisson distribution. The probability mass function of a Poisson distribution is given by: P(X=k) = λ^k * e^-λ / k! where: - X is the actual number of successes that result from the experiment, - k is the number of successes that Show more…
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