Essay
It is believed that sales of books at a local bookstore follow a Poisson distribution. Below you are given information on the number of books sold during a sample of 15-minute intervals. 
a. What is the average number of books sold during a 15-minute period?
b. Using the Poisson distribution, find the probability associated with the number of books sold.c. Generate the expected number of books sold using a Poisson probability table.d. State the null and alternative hypotheses.
e. Calculate the test statistic.f. Use the p-value approach to test the hypotheses. What is your conclusion? Let = .05.
Correct Answer:
Verified
Correct Answer:
Verified
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