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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:

  1. What is the probability that the next customer will arrive within the next 3 minutes?
    1. .5276
    2. .6328
    3. .5230
    4. .5345

  1. What is the probability that next customer will arrive between 4 and 8 minutes?
    1. 0.8413
    2. 0.0893
    3. 0.2487
    4. 0.2325

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