1. (20' points) You are running an ice cream cone business where you sell two types of flavored ice cream: one is Cinnam
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1. (20' points) You are running an ice cream cone business where you sell two types of flavored ice cream: one is Cinnam
1. (20' points) You are running an ice cream cone business where you sell two types of flavored ice cream: one is Cinnamon, and the other is Strawberry. The ice cream stand opens for 8 hours. Customers arrive at the ice cream stand according to a nonhomogeneous Poisson process with the following intensity function. 6 261) = {6+2 – 3) Śst<8 0 << 5 = Each customer orders only one ice cream cone and the probability that the customer orders Cinnamon flavor is 2/5. a. What is the expected number of Cinnamon ice cream cones that are sold during first five hours? b. What is the expected number of Cinnamon ice cream cones that are sold during last three hours?
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