Suppose that arrivals to a coffee shop follow a Poisson process with average rate of one customer every 5 minutes. What are the probabilities of (a) no customers in 5 minutes; (b) exactly one customer in a minute; (c) exactly two customers in 2 minutes; and (d) at least two customers in 10 minutes

Melissa is purchasing a $160,000 home and her bank is offering her a 30-year mortgage at a 4.9% interest rate. in order to lower her monthly payment, melissa will make a 20% down payment and will purchase 3 points. what will her monthly mortgage payment be? a. $645.98 b. $650.46 c. $662.93 d. $606.69