Customers leave an establishment as a Poisson process with rate
λ per hour. Each customer makes a purchase with probability
p.
a) What is the probability density of the time to the first
sale?
b) What is the probability that nothing is sold the first hour?
Customers leave an establishment as a Poisson process with rate λ per hour. Each customer makes a purchase with probabil
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answerhappygod
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Customers leave an establishment as a Poisson process with rate λ per hour. Each customer makes a purchase with probabil
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