During Summer Weekdays,boats Arrive at the Inlet Drawbridge According to the Poisson

question 18

Essay

During summer weekdays,boats arrive at the inlet drawbridge according to the Poisson distribution at a rate of three per hour.In a two-hour period,
a.what is the probability that no boats arrive?
b.what is the probability that two boats arrive?
c.what is the probability that eight boats arrive?

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Definitions:

Excise Tax

A tax imposed on specific goods, such as tobacco and alcohol, usually aimed at reducing consumption of these goods or generating revenue.

Supply Curves

A graphical representation showing the relationship between the price of a good and the amount of it that producers are willing to supply.

Excise Tax

A tax levied on specific goods, services, or transactions, often included in the price of products like gasoline, alcohol, and tobacco.