Joe and Jill are selling fishing licenses in two separate booths located in different parts of the Edmonton Sportsmen Show. They expect to sell a total (between both of them) of 519 licenses over 20 hours (assume Poisson arrivals and that each of them will sell equal amounts). The average time needed to sell a fishing license is 1.7 minutes (assume negative exponential service time). How many minutes per hour, on average, (rounded to two decimals) should Joe expect to be idle?
Contingency Table
A contingency table can be defined as the visual representation of the relationship between two or more categorical variables that can be evaluated and registered. It is a categorical version of the scatterplot, which is used to investigate the linear relationship between two variables. A contingency table is indeed a type of frequency distribution table that displays two variables at the same time.
Binomial Distribution
Binomial is an algebraic expression of the sum or the difference of two terms. Before knowing about binomial distribution, we must know about the binomial theorem.
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Joe and Jill are selling fishing licenses in two separate booths located in different parts of the Edmonton Sportsmen Show. They expect to sell a total (between both of them) of 519 licenses over 20 hours (assume Poisson arrivals and that each of them will sell equal amounts). The average time needed to sell a fishing license is 1.7 minutes (assume negative exponential service time).
How many minutes per hour, on average, (rounded to two decimals) should Joe expect to be idle?
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