Customers arrive at the claims counter at the rate of 20 per hour (Poisson distributed). What is th

Discussion in 'Calculator Requests' started by math_celebrity, Jan 7, 2017.

  1. math_celebrity

    math_celebrity Administrator Staff Member

    Customers arrive at the claims counter at the rate of 20 per hour (Poisson distributed). What is the probability that the arrival time between consecutive customers is less than five minutes?

    Use the exponential distribution
    20 per 60 minutes is 1 every 3 minutes
    1/λ = 3 so λ = 0.333333333

    Using the exponential distribution calculator, we get F(5,0.333333333) = 0.811124396848
     

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