Suppose that the number of customers entering a bank in one hour is a Poisson random variable and suppose that P(X=0)=0.02. Find the mean and variance of the variable. X: Number of customers entering a bank in one hour E(X)= Answer (Give the exact answer) V(X)= Answer (Give the exact answer) What is the probability that 5 customers will enter in two hours? Answer: Note: Answer with at least 4 decimal places

College Algebra
10th Edition
ISBN:9781337282291
Author:Ron Larson
Publisher:Ron Larson
Chapter8: Sequences, Series,and Probability
Section8.7: Probability
Problem 11ECP: A manufacturer has determined that a machine averages one faulty unit for every 500 it produces....
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Suppose that the number of customers entering a bank in one hour is a Poisson random variable and suppose that P(X=0)=0.02. Find the mean and variance of the variable.

X: Number of customers entering a bank in one hour

E(X)= Answer (Give the exact answer)

V(X)= Answer (Give the exact answer)

What is the probability that 5 customers will enter in two hours? Answer:

Note: Answer with at least 4 decimal places

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