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Use the Data Set Shown Below to Answer the Following

question 52

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Use the data set shown below to answer the following question(s) . Use the data set shown below to answer the following question(s) .   The demand at the ticket booking center can be modeled by a Poisson distribution with a mean of 220.Assume that each reservation has a constant probability of p = 0.02 of being cancelled.Use Crystal Ball functions for the model. -For the data given above,identify the Crystal Ball function that models the number of cancellations. A) CB.Poisson(0.02,Reservation limit)  B) CB.Binomial(0.02,Reservation limit)  C) CB.Poisson(0.02,Customer demand)  D) CB.Binomial(0.02,Reservations made) The demand at the ticket booking center can be modeled by a Poisson distribution with a mean of 220.Assume that each reservation has a constant probability of p = 0.02 of being cancelled.Use Crystal Ball functions for the model.
-For the data given above,identify the Crystal Ball function that models the number of cancellations.

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Definitions:

Grammatically Correct

Adhering to the rules of grammar, ensuring clarity and precision in language use.

Truth Values

The valuation in logic that indicates whether a statement is true, false, or in some systems, other values such as unknown.

Truth Table

A mathematical table used in logic to determine whether an expression is true or false under all possible interpretations.

Contingent

Dependent on or conditioned by something else; possible but not certain to occur.

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