The prices (in dollars) of 12 electric smooth top ranges are listed below. Find the range for the given sample data. 865 1010 65
1 answer:
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Answer:
The distribution is
Solution:
As per the question:
Total no. of riders = n
Now, suppose the is the time between the departure of the rider i - 1 and i from the cable car.
where
= independent exponential random variable whose rate is
The general form is given by:
(a) Now, the time distribution of the last rider is given as the sum total of the time of each rider:
Now, the sum of the exponential random variable with with rate
is given by: