When Observing a Checkout Line at a Food Store, the Average

question 113

Essay

When observing a checkout line at a food store, the average number of people served is 30 per hour. Using the Poisson distribution, what is the probability that 20 people check out in any given hour?

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Definitions:

Spending

The amount of money expended by individuals, businesses, or governments on goods and services.

Income

Cash inflows that occur on a routine basis, originating from employment or investing.

Resources

Refers to the inputs used in the production of goods and services, including natural, human, and capital resources.

Lower-Income Individuals

Persons or families who earn significantly less than the average income for their community or country, often facing financial challenges.