During Summer Weekdays, Boats Arrive at the Inlet Drawbridge According

question 18

Essay

During summer weekdays, boats arrive at the inlet drawbridge according to the Poisson distribution at a rate of 3 per hour. In a 2-hour period,
a.what is the probability that no boats arrive?
b.what is the probability that 2 boats arrive?
c.what is the probability that 8 boats arrive?

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Definitions:

Outsourcing

The practice of hiring third parties to perform services or create goods that were traditionally performed in-house, often to reduce costs or access specialized skills.

Competitors

Other businesses or individuals offering similar products or services in the same market, engaging in a rivalry to gain greater revenue, market share, or recognition.

Documenting

The process of systematically recording information, events, or processes, often for purposes of evidence, compliance, or record-keeping.

Job Evaluation Manuals

Written guides that provide a systematic approach to determining the relative worth of jobs within an organization by outlining criteria, methodologies, and procedures.