A bank manager finds that about six customers enter the bank every 5 min. If the customer
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A bank manager finds that about six customers enter the bank every 5 min. If the customer arrival time follows an exponential distribution, what is the probability that the next customer will arrive in 2 min?
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To find the probability that the next customer will arrive in 2 minutes we can use the ex...View the full answer
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Related Book For 
Statistics For Business And Financial Economics
ISBN: 9781461458975
3rd Edition
Authors: Cheng Few Lee , John C Lee , Alice C Lee
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