Fidelity credit union, a mean of five customers arrives hourly at the drive-through window what is the probability that in any hour, less than one customer will rise on your answer to 4 Decimal Pl. Pl.

Answers

Answer 1

This scenario follows a Poisson distribution since the arrivals of customers can be considered random and occur at a constant average rate. The formula for the Poisson distribution is:

P(X = x) = (e^(-λ) * λ^x) / x!

where P(X = x) is the probability of x events occurring in a given time period, λ is the mean number of events per time period, and x is the number of events.

In this case, λ = 5 since the mean number of customers arriving hourly is 5.

To find the probability of less than one customer arriving in an hour, we need to calculate P(X < 1).

P(X < 1) = P(X = 0) + P(X = 1)

P(X = 0) = (e^(-5) * 5^0) / 0! = e^(-5) = 0.0067 (rounded to 4 decimal places)

P(X = 1) = (e^(-5) * 5^1) / 1! = 0.0337 (rounded to 4 decimal places)

Therefore,

P(X < 1) = 0.0067 + 0.0337 = 0.0404 (rounded to 4 decimal places)

So, the probability of less than one customer arriving in an hour at Fidelity credit union is 0.0404.


Related Questions

you will take the role of a newly hired business analyst. One of the strategic objectives of the company you are working with is to ensure that the company is compliant with fair labor practices in the furniture manufacturing industry. Specifically, the management wants to know the income level of their employees. The HR manager asked your help in summarizing the information that he has about the employees.

He provided you with this data about the 474 employees that the company has.

You will be summarizing this data and present it to the HR manager. Create a presentation deck of your summarized data

Answers

Slide 1: Introduction

Company name and logo

Objective: Ensuring fair labor practices in the furniture manufacturing industry

Slide 2: Overview of Employee Income

Total number of employees: 474

Slide 3: Income Distribution

Present a bar chart or pie chart showing the income distribution across different salary ranges.

Highlight the percentage or number of employees in each income category (e.g., low, medium, high).

Slide 4: Average Income

Display a line chart or table showing the average income of employees over a specific period (e.g., monthly, annually).

Compare the average income across different job positions or departments, if applicable.

Mention any notable trends or patterns observed.

Slide 5: Income by Job Position

Present a table or stacked bar chart showing the income range for different job positions within the company.

Discuss any significant variations in income based on job positions.

Slide 6: Income by Experience Level

Display a chart or graph illustrating the income levels based on experience (e.g., years of service).

Analyze how income varies based on the level of experience within the company.

Slide 7: Income by Gender (If available and relevant)

Include a chart or graph comparing the income levels between male and female employees.

Highlight any gender-based income disparities, if observed.

Slide 8: Conclusion and Recommendations

Summarize the key findings from the data analysis.

Identify any areas of concern or potential improvements related to fair labor practices and income equality.

Provide recommendations on how to address any identified issues.

Slide 9: Next Steps

Outline the next steps to be taken by the HR department or the company in general based on the findings.

Mention any plans for further analysis, employee engagement, or policy adjustments.

Slide 10: Contact Information

Include the contact details of the HR manager or relevant personnel for further inquiries or discussions.

Remember to customize the design, layout, and content of the slides to align with your company's branding and specific requirements.

Identify strategies from 30 days of familias learning Irgether resource and explain how those ideas will help families promote Literacy in their homes, Dascribe your experiences and plans for encainging familias to use children's books and literey activites in their home​

Answers

In its broadest meaning, literacy refers to "specific ways of thinking about and doing reading and writing" with the aim of comprehending or verbally expressing concepts in a given environment and methods.

Thus, In other words, people in literate civilizations have certain ways of creating and reading written material, as well as attitudes about these methods.

According to this perspective, writing is always done for a certain aim, whereas reading is always done for a specific reason and literacy.

The ways that literacy is taught, learnt, and practiced throughout the lifespan are always influenced by beliefs about reading and writing and its worth for society and the individual.

Thus, In its broadest meaning, literacy refers to "specific ways of thinking about and doing reading and writing" with the aim of comprehending or verbally expressing concepts in a given environment and methods.

Learn more about Literacy, refer to the link:

https://brainly.com/question/29015201

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