Buyer count in a thinned arrival stream
Customers arrive as a Poisson process at rate /hour; each is independently a buyer with probability . What is the probability that exactly buyers arrive in a -minute window? (to 3 decimals)
Show hints (2)+
- Thinning gives a Poisson process at rate ; then scale to the window length.
- Evaluate at with .
Answer
Reveal answer →Final answer
0.224 (± 0.005)
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