1. Predicting Customer Arrivals
Retail Store ManagerBackground
A store receives an average of 15 customers per hour. The manager wants to know the chance of getting exactly 20 customers in the next hour to decide if extra staff is needed.
Problem
Calculate the exact probability of 20 customer arrivals when the historical average is 15.
How to use
Set Rate Lambda to 15, Occurrences to 20, and Probability Mode to 'Exactly k Occurrences'.
Outcome
The calculator reveals a 4.18% chance of exactly 20 customers arriving, helping the manager realize a staffing surge is unlikely needed.