If Arrivals at a Bank Followed a Poisson Distribution, Then

question 9

True/False

If arrivals at a bank followed a Poisson distribution, then the time between arrivals would follow a binomial distribution.

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Definitions:

HR Demand Forecasting

The process of estimating the future human resource requirements of an organization to achieve its goals.

Replacement Demand

The need to fill job positions that become vacant due to retirement, resignation, or dismissal, rather than due to the creation of new jobs.

Forecasting HR Demand

The process of estimating the future human resource needs of an organization, based on its business strategies, projected growth, and external market trends.

Engineers Canada

A national organization that represents the interests of engineering regulatory bodies and standards across Canada.