Assume That the Number of Customers Who Arrive at a Water

question 42

Multiple Choice

Assume that the number of customers who arrive at a water ice stand follows the Poisson distribution with an average rate of 6.4 per 30 minutes. What is the probability that exactly two customers will arrive during the next 15 minutes?

• A)0.4236
• B)0.2087
• C)0.0778
• D)0.1510

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Definitions:

Multicollinearity

A statistical phenomenon in which two or more predictor variables in a multiple regression model are highly correlated, leading to difficulties in distinguishing their individual effects on the dependent variable.

Independent Variables

Variables in an experiment or model that are manipulated or categorized to observe their effect on dependent variables.

Highly Correlated

Refers to a strong statistical relationship between two or more variables where changes in one variable are closely associated with changes in another.

Multicollinearity

A statistical phenomenon in which two or more predictor variables in a multiple regression model are highly correlated.