Customers arrive at a bank at a Poisson rate λ. Suppose two customers arrived during the first hour. What is the probability that (a) both arrived during the first 20 minutes? (b) at least one arrived...


Customers arrive at a bank at a Poisson rate λ. Suppose two customers arrived during the first hour. What is the probability that (a) both arrived during the first 20 minutes? (b) at least one arrived during the first 20 minutes?  An average of 500 people pass the California bar exam each year. A California lawyer practices law, on average, for 30 years. Assuming these numbers remain steady, how many lawyers would you expect California to have in 2050?




May 19, 2022
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