Automobiles arrive at the elkhart exit of the indiana toll, Ask an Expert

Economics

Automobiles arrive at the Elkhart exit of the Indiana Toll Road at the rate of two per minute. The distribution of arrivals approximates a Poisson distribution. A) What is the probability that no automobiles arrive in a particular minute? B) What is the probability that at least one automobile arrives during a particular minute?

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Macroeconomics, Economics

Category:- Macroeconomics
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