Solve the following: (Poisson Distribution and Hypergeometric distribution)
Q. A car rental agency at an airport operates day and night. The number of demands
for a car per hour follows a Poisson probability distribution. The number of cars
demanded is estimated to be 18 cars per day.
a) if a one-hour period is randomly selected what is the probability that no car will be demanded in that period?
b) If the agency has two cars to hire during the randomly selected period of
one-hour, what is the probability that some demand will be refused?
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Explanation:
Action taken by a country whose exports are adversely affected by the raising of tariff or other trade-restricting measures by another country. Also called retorsion.
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