Percent error is 10.7%
Step-by-step explanation:
We need to find the percent error:
We are given:
Estimate value = 7.2
Actual value = 6.5
Percent Error=?
The formula used is:

Putting values:

So, Percent error is 10.7%
Keywords: Percent Error
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It crosses the y-axis at 2 bc y=mc+b b is your y intercept
∑ ( from n = 1 to n =5 ) 3 · ( -2 ) ^( n -1 )
a 1 = 3 · ( -2 ) ^0 = 3
a 2 = 3 · ( - 2 ) = - 6
a 3 = 3 · 4 = 12
a 4 = 3 · ( - 8 ) = - 24
a 5 = 3 · 16 = 48
3 - 6 + 12 - 24 + 48 = 33
Answer: C ) 33
Answer:
a) 50.34% probability that the arrival time between customers will be 7 minutes or less.
b) 24.42% probability that the arrival time between customers will be between 3 and 7 minutes
Step-by-step explanation:
Exponential distribution:
The exponential probability distribution, with mean m, is described by the following equation:

In which
is the decay parameter.
The probability that x is lower or equal to a is given by:

Which has the following solution:

The probability of finding a value higher than x is:

Mean of 10 minutes:
This means that 
A. What is the probability that the arrival time between customers will be 7 minutes or less?


50.34% probability that the arrival time between customers will be 7 minutes or less.
B. What is the probability that the arrival time between customers will be between 3 and 7 minutes?





24.42% probability that the arrival time between customers will be between 3 and 7 minutes