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Questions 36-37 are based on the following question: Customers arrive at a local bank at an average rate of 15 per hour. Assume that the
Questions 36-37 are based on the following question:
Customers arrive at a local bank at an average rate of 15 per hour. Assume that the time between arrivals follows the exponential probability distribution:
- What is the probability that the next customer will arrive within the next 3 minutes?
- .5276
- .6328
- .5230
- .5345
- What is the probability that next customer will arrive between 4 and 8 minutes?
- 0.8413
- 0.0893
- 0.2487
- 0.2325
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