The time between calls to a corporate office is exponentially distributed with a mean of 10 minutes.
Question:
(a) What is the probability that there are more than three calls in one-half hour?
(b) What is the probability that there are no calls within one-half hour?
(c) Determine x such that the probability that there are no calls within x hours is 0.01.
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Step by Step Answer:
Let X denote the number of calls in 30 minutes Because the time between call...View the full answer
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Essentials Of Business Statistics Communicating With Numbers
ISBN: 9780078020544
1st Edition
Authors: Sanjiv Jaggia, Alison Kelly
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