(Solved): Exercise 4-79 Michael, the produce manager at the local Albertson's supermarket store would like yo ...

Exercise 4-79 Michael, the produce manager at the local Albertson's supermarket store would like you to estimate the probability that a customer will purchase 5 or mors bunches of bananas. He has collected the following data: (a) Calculate the mean and variance for the aforementioned data. (b) Which distribution (Poisson, binomial, or negative binomial) would you use to mode the data? Which parameter(s) would you choose? (c) If 1000 customers visit the store, estimate the probability that someone will purchas 5 or more bunches of bananas.