The time each student takes to finish an exam has an exponential distribution with mean 45 minutes.
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The time each student takes to finish an exam has an exponential distribution with mean 45 minutes. In a class of 10 students, what is the probability that at least one student will finish in less than 20 minutes? Assume students’ times are independent.
DistributionThe word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
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