The average number of transactions made at an ATM in a 20 minute period is 10. Use an appropriate probability distribution to find the probability that exactly 6 transactions will be made at an ATM in the next 20 minutes. Answer to four decimal places.

The probability that exactly 6 transactions will be made at an ATM in the next 20 minutes = 0.06306 = 0.0631 to 4d.p

Step-by-step explanation:

This is a Poisson distribution problem

The Poisson distribution formula is given as

P(X = x) = (e^-λ)(λˣ)/x!

where λ = mean = 10 transactions per 20 minutes

x = variable whose probability is required = 6 transactions in the next 20 minutes

P(X = 6) = (e⁻¹⁰)(10⁶)/6! = 0.06306

the solution of the equation is 2.23 ⇒ answer b

step-by-step explanation:

* lets revise the meaning of exponential function

- the form of the exponential function is y = ab^x, where a ≠ 0, b > 0 ,  

  b ≠ 1, and x is any real number

- it has a constant base b

- it has a variable exponent x

- to solve an exponential equation, take the log or ln of both sides,  

  and solve for the variable

* lets solve the problem

∵

- the base is 7 and the exponent is x

- insert ㏑ in both sides

∴

- use the rule

∴ x ㏑(7) = ㏑(77)

- to find x divide both sides by ㏑(7)

∴

* the solution of the equation is 2.23 to the nearest 2 decimal places