(04.02) The graph shows the amount of money paid when purchasing bags of caramel corn at the zoo: A graph is shown. The x-axis i
2 answers:
You might be interested in
Answer:
a) 0.0025
b) 0.9975
c) 23.03 minutes
d) 23.03 minutes
Step-by-step explanation:
Let X be the random variable that measures the time waited for a taxi.
If X is exponentially distributed with a mean of 10 minutes,then the probability that you have to wait more than t minutes is
a)
1 hour = 60 minutes, so the probability that you wait longer than one hour is
b)
Due to the “memorylessness” of the exponential distribution, the probability that you have to wait 10 or less minutes after you have already waited for one hour, is the same as the probability that you have to wait 10 or less minutes
c)
We want x so that
P(X>x)=0.1
d)
We want P(X<x)=0.9