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Exercise 7-31 (Algo) (LO7-4) Waiting times to receive food after placing an order at the local Subway sandwich shop follow an exponential distribution with a
Exercise 7-31 (Algo) (LO7-4) Waiting times to receive food after placing an order at the local Subway sandwich shop follow an exponential distribution with a mean of 72 seconds. Calculate the probability a customer waits: d. Fifty percent of the patrons wait less than how many seconds? What is the media n? (Round your answer to 2 decimal places.) seconds
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