There are three stores in an area, with characteristics as follows: Store Travel time (average) Size (sq. ft.) A 16 minutes 2500 B 40 minutes 5000 10 minutes 1000 If lambda (^) is assumed to be 2, what is the probability that a customer in the area will visit store B?

A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
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Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
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There are three stores in an area, with characteristics as follows:
Store
Travel time (average)
Size (sq. ft.)
A
16 minutes
2500
40 minutes
5000
C
10 minutes
1000
If lambda (A) is assumed to be 2, what is the probability that a customer in the area will visit store B?
O A. 79%
В. 24%
C. 27%
D. 14%
ОЕ. 31%
Transcribed Image Text:There are three stores in an area, with characteristics as follows: Store Travel time (average) Size (sq. ft.) A 16 minutes 2500 40 minutes 5000 C 10 minutes 1000 If lambda (A) is assumed to be 2, what is the probability that a customer in the area will visit store B? O A. 79% В. 24% C. 27% D. 14% ОЕ. 31%
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