What is the probability that during a 5-minute interval

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Step-wise answer to Poisson Distribution

Assume that customers enter a store at the rate of 60 persons per hour.

(a) What is the probability that during a 5-minute interval no one will enter the store?

(b) What time interval is such that the probability is 1/2 that no one will enter the store during that interval?

Reference no: EM13119824

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