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Inessa05 [86]
3 years ago
8

The length of time for one individual to be served at a cafeteria is a random variable having an exponential distribution with a

mean of 77 minutes. What is the probability that a person is served in less than 22 minutes on at least 55 of the next 77 ​days?
Mathematics
1 answer:
umka2103 [35]3 years ago
5 0

Answer:

0.01265

Step-by-step explanation:

Since, if the time to be served has an exponential distribution with a mean of 7, then

P(T < t_0) = 1 - e^{-\frac{t_0}{7}}

Chance to be served in under 2 minutes:

P(T

Let A represents the number of days when a person is served in less than 2 minutes,

Hence,

the probability that a person is served in less than 2 minutes on at least 5 of the next 7 ​days ( using binomial distribution )

= P(A=5) + P(A=6) + P(A=7)

=^7C_5(0.249)^5(1-0.249)^2+^7C_6(0.249)^6(1-0.249)^1+^7C_7(0.249)^7(1-0.249)^0

=\frac{7!}{2!5!}(0.249)^5(1-0.249)^2+\frac{7!}{1!6!}(0.249)^6(1-0.249)^1+\frac{7!}{0!7!}(0.249)^7(1-0.249)^0

≈ 0.01265

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The function P(x) = –0.015x^2 + 1.2x – 11.5 gives the profit, in thousands of dollars, when a company sells a new product at x d
dlinn [17]

Answer:

The profit decreases by $ 375 for every $ 1 increase in the selling price.

Step-by-step explanation:

From the definition of the secant line we get that the average rate of change of P(x) = -0.015\cdot x^{2}+1.2\cdot x -11.5, where x is the selling price of the product, measured in dollars per unit, is:

r = \frac{P(55)-P(50)}{55-50} (1)

Now we evaluate the function at each bound:

x = 50

P(50) = -0.015\cdot (50)^{2}+1.2\cdot (50)-11.5

P(50) = 11

x = 55

P(55) = -0.015\cdot (55)^{2}+1.2\cdot (55)-11.5

P(55) = 9.125

Then, the average rate of change is:

r = \frac{9.125-11}{55-50}

r = -0.375

Hence, the profit decreases by $ 375 for every $ 1 increase in the selling price.

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Strike441 [17]

Answer:

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Step-by-step explanation:

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