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Calculation
Model I: Calculate Expected Waiting Time
1) The number of buses for your commute per hour:
(e.g. 6 buses per hour)
2) The number of hourly passengers using the same bus at your bus stop:
(e.g. 80 passengers per hour)
3) The number of people waiting at your bus stop, excluding yourself, when you arrive:
(e.g. 3 passengers are already waiting )
Calculate
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Poisson Bus Posterior Distribution