Solve using Poisson Process, A small business receives, on average, 8 calls per hour. (a) What is the probability that the business will receive exactly 7 calls in I hour? (b) What is the probability that the business will receive, at most, 5 calls in one hour? (c) What is the probability that the business will receive more than 6 calls in one hour? Hint: Formula in the pic
Contingency Table
A contingency table can be defined as the visual representation of the relationship between two or more categorical variables that can be evaluated and registered. It is a categorical version of the scatterplot, which is used to investigate the linear relationship between two variables. A contingency table is indeed a type of frequency distribution table that displays two variables at the same time.
Binomial Distribution
Binomial is an algebraic expression of the sum or the difference of two terms. Before knowing about binomial distribution, we must know about the binomial theorem.
Solve using Poisson Process, A small business receives, on average, 8 calls per hour.
(a) What is the probability that the business will receive exactly 7 calls in I hour?
(b) What is the probability that the business will receive, at most, 5 calls in one hour?
(c) What is the probability that the business will receive more than 6 calls in one hour?
Hint: Formula in the pic
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