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Author Question: In response to a major competitor, a local pizza company begins to pay 5 to customers whose home ... (Read 23 times)

student77

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on: Jun 24, 2018
In response to a major competitor, a local pizza company begins to pay 5 to customers whose home delivered pizza did not arrive within 30 minutes after the order was placed. Explain why you applied that specific distribution to answer the preceding question.

Question 2

List the four characteristics of a Bernoulli process.


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duy1981999

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Reply #1 on: Jun 24, 2018
Answer to Question 1

The Poisson distribution is a discrete probability distribution for an event occurring over time with a low probability of success.

Answer to Question 2

(1) There are two or more consecutive trials; (2) in each trial there are just two possible outcomes, usually denoted as success or failure; (3) The trials are statistically independent; (4) The probability of a success remains the same from one trial to the next.


student77

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Reply 2 on: Jun 24, 2018
YES! Correct, THANKS for helping me on my review

mochi09

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Reply 3 on: Yesterday
Excellent

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