Average number of orders per day


1) A retailer determines that the average number of orders per day for a certain product is 5. Assume the Poisson distribution is applicable. What is the probability that less than 1 orders are received on a given day?

2) Using Z - tables find z such that the area to the right of z is .025

Request for Solution File

Ask an Expert for Answer!!
Basic Statistics: Average number of orders per day
Reference No:- TGS0754099

Expected delivery within 24 Hours