Textbook ExpertVerified Tutor
25 Nov 2021
Given information
, i.e., on an average customers arrive at the store per day.
Step-by-step explanation
Step 1.
Concept used:
The conditions for a Poisson distribution are:
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The number of trials, is very large, and
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The probability of success, is very small.
such that is a finite quantity.
Thus, the probability of x successes is given by:
where is the mean of the distribution.
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