The distance around the outside of a building is 0.5 mile. Eli biked 0.72 of the distance during his free period. How far did he
1 answer:
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Answer:
a)
Mean
b)
c)
Step-by-step explanation:
From the given information:
a.)
Mean
Let consider X to be a random variable that follows an exponential distribution; then:
P(X) = 1 - since
b.)
The required probability that a random chosen customer would spend more than $5,000 can be computed as:
c.)