Assume the average time between students walking up to my desk during a statistics exam to ask
Question:
Assume the average time between students walking up to my desk during a statistics exam to ask a question in a desperate attempt to gain some insight into how to solve a problem is 8 minutes and follows the exponential probability distribution.
a. What is the probability that the next desperate student will approach my desk
1. within the next 2 minutes?
2. within the next 4 minutes?
3. between the next 3 to 5 minutes?
4. in more than 10 minutes?
b. Confirm the answers to part a using Excel.
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a 1 a 2 P x 4 1 e 4 0125 1 06065 03935 a 3 a 4 P x a 1 1 e a e a Px10e 10 0125 02865 b ...View the full answer
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