Q.1 A service time (in minutes) of post office is exponentially distributed with 2=0.2. (a) Suppose...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
Q.1 A service time (in minutes) of post office is exponentially distributed with 2=0.2. (a) Suppose that no one is there, and that you get the service immediately. Find the probability that it takes more than 5 minutes to complete the business. (b) Suppose that someone else is in service ahead of you, and that you are next in line. Find the probability that you wait more than 5 minutes. Q.1 A service time (in minutes) of post office is exponentially distributed with 2=0.2. (a) Suppose that no one is there, and that you get the service immediately. Find the probability that it takes more than 5 minutes to complete the business. (b) Suppose that someone else is in service ahead of you, and that you are next in line. Find the probability that you wait more than 5 minutes.
Expert Answer:
Answer rating: 100% (QA)
3 Let X denote the service time in minutes of post office Then gi... View the full answer
Related Book For
Essentials of Business Statistics Communicating With Numbers
ISBN: 978-0078020544
1st edition
Authors: Sanjiv Jaggia, Alison Kelly
Posted Date:
Students also viewed these mathematics questions
-
The time between calls is exponentially distributed with a mean time between calls of 10 minutes. (a) What is the probability that the time until the first call is less than 5 minutes? (b) What is...
-
A random variable X is exponentially distributed with a mean of 0.1. a. What is the rate parameter f? What is the standard deviation of X? b. Compute P (X. 0.20). c. Compute P (0.10 X 0.20).
-
A random variable X is exponentially distributed with an expected value of 25. a. What is the rate parameter ? What is the standard deviation of X? b. Compute P(20 X 30). c. Compute P(15 X 35).
-
Express the traction boundary condition (12.3.8) in terms of displacement and temperature for the plane stress problem. Equation 12.3.8 T = Oxnx + xyny = (Tr), T" = Txynx + ayny
-
On April 14, 2012, Best Buy Company, Inc., issued a press release from which the following excerpt was taken: April 14, 2012Best Buy announced plans March 29, 2012, to close 50 U.S. stores as part of...
-
Why might an individual supply less labor (demand more leisure) as the wage rate rises?
-
Financial statement data is utilized by a variety of user-groups to include a companys board of directors, bondholders, corporate employees and executives, customers, investment advisors, labor...
-
Camden Metal Co. makes a single product that sells for $84.00 per unit. Variable costs are $54.00 per unit, and fixed costs total $120,000 per month. Required: a. Calculate the number of units that...
-
The account reflecting shares "owed" to stockholders is a. Retained Earnings b. Common Stock c. Cash Dividends Payable d. Stock Dividends Distributable
-
Your client purchased some last-minute materials for a job. They didn't have time to record the expense in QuickBooks Online, and now the corresponding payment has appeared in their bank feed. Can...
-
Explain why financial plans must be psychologically and financial sound. What is the best way to resolve money-disputes in relationship. Book: Personal Finance 11th Ed., by Kapoor, et al., (2015)
-
Two different satellites, satellite A with a mass of 4 m and satellite B with a mass of 5 m , orbit around a massive planet which has mass M. The orbital radius of satellite A is (1/3) R and the...
-
Simplify each expression by restating it using positive exponents only. a) ab-5 ab -2 b) a3b-2 c) [(p) (p)] -3 12s3 d) 4s-7
-
Managers at John\'s company learn that the purchasing department got a bulk shipment of a key raw material for $ 7 1 0 0 , a $ 5 0 0 savings from their plan. Production department had used nearly all...
-
The controller of Yummy Jam Co has requested a quick estimate of the manufacturing supplies needed for July when production is expected to be 4 7 0 , 0 0 0 units. Below are actual data from the prior...
-
Consider an imaginary box with dimensions 15 cm x 45 cm x 95 cm. There is an E- field with a uniform magnitude 850 N/C going out through the left side of the box and an E-field with a uniform...
-
1. Add the following sections to your Business Plan draft. Keep revising the previous sections as you go along. This will make your final business plan so much easier to "tweak" at the end, thus...
-
What are the key dimensions of critical thinking 2. Watch the NBC Learn video on Diet Scams. What types of claims are made in this video Are they valid Elaborate on your responses. Discuss this video...
-
A recent study by Allstate Insurance Co. finds that 82% of teenagers have used cell phones while driving (The Wall Street Journal, May 5, 2010). In October 2010, Massachusetts enacted a law that...
-
Facing the worst economic climate since the dot-com bust in the early 2000s, high-tech companies in the United States search for investment opportunities with cautious optimism (USA TODAY, February...
-
Survey data, based on 65,000 mobile phone subscribers, shows that 44% of the subscribers use smart-phones (Forbes, December15, 2011). Moreover, 51% of smart-phone users are women. a. Find the...
-
The chapter highlighted one way in which the Procter \& Gamble Company demonstrates its commitment to being a good corporate citizen. Go to Procter \& Gamble's Website and navigate to the section on...
-
Below are income statements and balance sheets for the Peyton Company for 2019 and 2018: Required Calculate the following ratios for the Peyton Company for 2019 and 2018 and discuss your findings: 1....
-
Which of the following information system functions is generally responsible for the design, coding, and debugging of computer programs? (a) technical support (b) programming (c) operations (d)...
Study smarter with the SolutionInn App