The Number of Customers Arriving at a Department Store in a 5-Minute

question 121

True/False

The number of customers arriving at a department store in a 5-minute period has a Poisson distribution.

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Definitions:

Maximum Allowable Error

The largest error that is tolerated in the measurement process, beyond which the measurement is considered unacceptable.

Confidence Level

The percentage or level of certainty that a statistical parameter lies within a specific interval.

Population Standard Deviation

A measure that quantifies the amount of variation or dispersion of a set of data values in a population.

Sample Size

The count of data points or repeated measurements contained within a statistical sample.