Note: for this problem, provide answers to 4 decimal places….

Note: for this problem, provide answers to 4 decimal places.  You do not have to calculate values beyond 4 decimal places; only 4 as provided in the tables.  On average, thirty-two (32) vehicles arrive at the MoonDollars Coffee Shop drive-up window every hour.  Assuming that the traffic at this coffee shop is consistent with a Poisson (discrete) probability distribution, answer the questions that follow. A copy of the Poisson tables are provided here:  BinomialsAndPoisson.pdf (1) What is the probability that more than five (5) customers will drive-up during our peak traffic time of 7:00am – 7:30 am? (2) What is the probability that exactly five (5) customers will drive-up in the next 15 minutes? (3) What is the probability that no (0) customers will drive-up in the next 10 minutes? (4) What is the standard deviation per hour for this Poisson (discrete) probability distribution? 

During March 2024 and October 2024, consumer spending on cre…

During March 2024 and October 2024, consumer spending on credit cards increased to an average of $930 per month, with a standard deviation of $110 per month. Assume the data presented conform to a normal distribution. Use the normal distribution table available here: Z_table modified srp fall 17.pdf Provide probability answers to 4 decimal places. (1) What is the probability that a consumer charged more than $930 per month during this one year time period?  (2) What is the probability that a consumer charged less than $600 per month?  (3) What is the probability that a consumer charged more than $1,000 per month?  (4) What is the probability that a consumer charged between $800 and $900 per month? (5) A customer is considered for a “Gold Card” and an extended line of credit if s/he is in the upper 3% of credit card users (in dollars $) for a typical month.  What is the minimum credit card balance a customer would have to charge in a typical month to be qualified for a “Gold Card”?   $