To find the unit rate, divide the numerator and denominator of the given rate by the denominator of the given rate
Answer:
The probability that exactly 6 transactions will be made at an ATM in the next 20 minutes = 0.06306 = 0.0631 to 4d.p
Step-by-step explanation:
This is a Poisson distribution problem
The Poisson distribution formula is given as
P(X = x) = (e^-λ)(λˣ)/x!
where λ = mean = 10 transactions per 20 minutes
x = variable whose probability is required = 6 transactions in the next 20 minutes
P(X = 6) = (e⁻¹⁰)(10⁶)/6! = 0.06306
Answer:
Step-by-step explanation:
