Because automatic banking machine (ABM) customers can perform a number of transactions, the times to complete them
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Because automatic banking machine (ABM) customers can perform a number of transactions, the times to complete them can be quite variable. A banking consultant has noted that the times are exponentially distributed with a mean of 125 seconds. What proportion of the ABM customers take more than 3 minutes to do their banking?
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Related Book For 
Statistics For Management And Economics Abbreviated
ISBN: 9781285869643
10th Edition
Authors: Gerald Keller
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