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Every day, Luann walks to the bus stop and the amount of time she will have to wait for the bus is between 0 and
Every day, Luann walks to the bus stop and the amount of time she will have to wait for the bus is between 0 and 12 minutes, with all times being equally likely (i.e., a uniform distribution). So, the mean wait time is 6 minutes, with a variance of 12 minutes
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Business Analytics Data Analysis and Decision Making
Authors: S. Christian Albright, Wayne L. Winston
5th edition
1133629601, 9781285965529 , 978-1133629603
