Answer:

Step-by-step explanation:
Given
See attachment for graph
Required
The unit cost
Pick any point on the dots of the graph; we have:

The unit cost is then calculated as:


Answer:
0.8753
Step-by-step explanation:
Calculate the probability that your job will be ready before 10.01 am
Here, the parameter of an Exponential is E(X)=12
Now, to calculate the third job probability, it follows Poisson Distribution with parameter 1/λ
Therefore, E(Y) =1/12
Here, The third job will be ready for 10:01 AM, then E(Y)=61/12
Therefore, the required probability is

=1- POISSON(3,5,true)
=1-0.1246
=0.8753
Consider the first term on the left side.

Then the sum of the three terms on the left is
