5.58 Suppose that the time between successive occurrences of an event follows an exponential distribution with a

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5.58 Suppose that the time between successive occurrences of an event follows an exponential distribution with a mean of 1>l minutes. Assume that an event occurs.

a. Show that the probability that more than 3 minutes elapses before the occurrence of the next event is e -3l.

b. Show that the probability that more than 6 minutes elapses before the occurrence of the next event is e -6l.

c. Using the results of parts

(a) and (b), show that if 3 minutes have already elapsed, the probability that a further 3 minutes will elapse before the next occurrence is e -3l. Explain your answer in words.

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Statistics For Business And Economics

ISBN: 9780273767060

8th Global Edition

Authors: Paul Newbold, Mr William Carlson, Ms Betty Thorne

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