SOLUTION: Assume that a local bank knows from past experience that between 10am and 11am each day the mean arrival rate is 60 customers per hour. Determine the probability that exactly 2 cus

Algebra ->  Probability-and-statistics -> SOLUTION: Assume that a local bank knows from past experience that between 10am and 11am each day the mean arrival rate is 60 customers per hour. Determine the probability that exactly 2 cus      Log On


   



Question 129473: Assume that a local bank knows from past experience that between 10am and 11am each day the mean arrival rate is 60 customers per hour. Determine the probability that exactly 2 customers will arrive in any given one-minute interval between 10am and 11am.
Answer by stanbon(75887) About Me  (Show Source):
You can put this solution on YOUR website!
Are you using Bernoulli trials on problems of this type?
Can you get it started and show where you get stuck with
the procedure?
Cheers,
Stan H.