What is an appropriate distribution for modeling the number


Customers arrive at a department store randomly and independently.
(a) What is an appropriate distribution for modeling the number of customers that arrive in a 2-hour period?

(b) Under what situations might the stated assumptions not hold?

(c) What information would you need to collect to estimate the probability distribution?

(d) Suppose that a new location is being contemplated for the store. Explain how you would estimate the probability distribution.

Request for Solution File

Ask an Expert for Answer!!
Basic Statistics: What is an appropriate distribution for modeling the number
Reference No:- TGS02181086

Expected delivery within 24 Hours