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Problem #1 Uniform Distribution (15 points) Aircraft Turnaround Time Aircraft turnaround time is defined as the time required to prepare an aircraft for its next
Problem #1 Uniform Distribution (15 points) Aircraft Turnaround Time Aircraft turnaround time is defined as the time required to prepare an aircraft for its next flight after arriving at a terminal. Assume that an airline's turnaround time follows a uniform distribution with a minimum time of 23 minutes and a maximum time of 57 minutes. Complete parts (a) through (e). Use MS Excel to calculate your answers in the blue cells provided. (a) What is the probability that the next flight from the airline will require less than 25 minutes to turn around? (b) What is the probability that the next flight form the airline will require between 25 and 45 minutes to turn around? ( c) Determine the probability that the next flight from the airline will require more than 45 minutes to turn around. ( d) Calculate the mean and standard deviation for this distribution. and why? ( e) The airline wants aircraft turnaround times to be less than 50 minutes 90% of the time. Is this goal being achieved
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