Final answer:
On average, about 3.33 minutes elapse between two successive arrivals at the bank with an arrival rate of 18 customers per hour. For three customers to arrive, it would take approximately 10 minutes on average.
Step-by-step explanation:
Arrival Time and Probability Calculations
To answer your question, we first need to calculate the average time between customer arrivals, which is also known as the inter-arrival time. Given the arrival rate (λ) is 18 customers per hour, we can use the following formula to find the average inter-arrival time:
Average inter-arrival time = 1/λ = 1/18 hour/customer
Since there are 60 minutes in an hour, we convert this to minutes:
Average inter-arrival time = (1/18) * 60 minutes/customer ≈ 3.33 minutes/customer
On average, about 3.33 minutes elapse between two successive arrivals.
For the store to receive three customers, since customers arrive on average every 3.33 minutes, we simply multiply:
Time for three customers to arrive = 3 * 3.33 minutes ≈ 10 minutes
On average, it takes about 10 minutes for three customers to arrive.