Question
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:
- 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)
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Financial Algebra advanced algebra with financial applications
Authors: Robert K. Gerver
1st edition
978-1285444857, 128544485X, 978-0357229101, 035722910X, 978-0538449670
