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Answer:
The probability that more than 30 minutes will elapse before the next fraudulent corporate tax return is discovered=0.1353
Step-by-step explanation:
We are given that
We have to find the probability that more that 30 minutes will elapse before the next fraudulent corporate tax return is discovered.
Using exponential distribution
The probability that more than 30 minutes will elapse before the next fraudulent corporate tax return is discovered
The probability that more than 30 minutes will elapse before the next fraudulent corporate tax return is discovered
Hence, the probability that more than 30 minutes will elapse before the next fraudulent corporate tax return is discovered=0.1353