Asked by Lashayla Powell on Sep 27, 2024
The number of customers arriving at a department store in a 5-minute period has a binomial distribution.
Binomial Distribution
The binomial distribution is a discrete probability distribution that describes the outcome of a fixed number of trials in which there is a constant probability of success.
Number Of Customers
A metric that represents the total count of clients or buyers that a business serves over a specific period.
Department Store
A large retail establishment that sells a wide range of consumer goods across different departments or categories.
- Understand the basic principles of binomial distribution and apply them to practical situations.
Learning Objectives
- Understand the basic principles of binomial distribution and apply them to practical situations.