Consider the following to answer the question(s) below:
The number of clients arriving at a bank machine is Poisson distributed with an average of 2 per minute. For a 5 minute period,
-Find the expected value.
A) 2
B) 1.41
C) 3.16
D) 10
E) The expected value for 5 minutes cannot be determined with the given information.

Question

Quizplus · Accepted Answer

The expected value for a Poisson distribution is given by the rate (λ) multiplied by the time period. Here, λ = 2 clients/minute and the time period is 5 minutes, so the expected value is 2 * 5 = 10 clients.

Consider the Following to Answer the Question(s) Below