The exponential distribution has a characteristic that is called the memory less property. This means P (X
Question:
a. Calculate the probability that no calls come in during the first hour.
b. Now suppose that you are monitoring the call frequency, and you note that a call does not come in during the first two hours. Determine the probability that no calls will come in during the next hour.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Business Statistics A Decision Making Approach
ISBN: 9780133021844
9th Edition
Authors: David F. Groebner, Patrick W. Shannon, Phillip C. Fry
Question Posted: