Author Question: In response to a major competitor, a local pizza company begins to pay 5 to customers whose home ... (Read 61 times)

student77 · **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.

duy1981999 · **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.