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The time to complete this question is Pareto distributed with mean 5 minutes and shape = 3. a)If a student starts this question with 10
The time to complete this question is Pareto distributed with mean 5 minutes and shape = 3.
- a)If a student starts this question with 10 minutes of exam time left, what is the probability they will have enough time to finish it?
- b)If 15 students start this question with 10 minutes of exam time left, what is the probability that more than 11 but less than 14 of them finish it?
- c)Suppose a student does not finish, given this what is the chance they would have finished if they had an additional 5 minutes?
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