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The Number of Customers Who Enter a Bank Is Thought

question 29

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The number of customers who enter a bank is thought to be Poisson distributed with a mean equal to 10 per hour. What are the chances that 2 or 3 customers will arrive in a 15-minute period?


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Business Combination

The merger or joining of two or more companies into one entity, often to expand market share or diversify offerings.

SEC

The U.S. Securities and Exchange Commission, a federal agency responsible for enforcing federal securities laws and regulating the securities industry.

Form S-3

Form S-3 is a regulatory filing used by publicly traded companies in the United States to provide updated or annual information to investors, utilized for simplified security offerings.

S-1

A registration statement filed with the U.S. Securities and Exchange Commission used by companies planning on going public to register their securities.

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