Some Internet companies sell a service that will boost a website's traffic by delivering additional unique visitors.

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Some Internet companies sell a service that will boost a website's traffic by delivering additional unique visitors. Assume that one such company claims it can deliver 1,000 visitors a day. If this amount of website traffic is experienced, then the time between visitors has a mean of 1.44 minutes (or 0.6944 per minute). Assume that your website gets 1,000 visitors a day and that the time between visitors has an exponential distribution. What is the probability that the time between two visitors is
a. Less than 1 minute?
b. Less than 2 minutes?
c. More than 3 minutes?
d. Do you think it is reasonable to assume that the time between visitors has an exponential distribution?
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Statistics For Managers Using Microsoft Excel

ISBN: 772

7th Edition

Authors: David M. Levine, David F. Stephan, Kathryn A. Szabat

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