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Let X be the time between two successive arrivals at the drive-through window of a local bank. If X has an Gamma distribution with shape
Let X be the time between two successive arrivals at the drive-through window of a local bank. If X has an Gamma distribution with shape and scale parameters = = 1, answer the following:
- Show that the distribution of X is equivalent to an exponential distribution with mean parameter = 1. [Hint: remember that the pdf uniquely identifies a distribution]
- Find the expectation and variance of the time between two successive arrivals.
- Compute the probability P (X 4)
- Compute the probability P (2 X 5)
- Compute the 0.95th quantile of the distribution of X.
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