The campus bus at Haverford College is scheduled to arrive at the business school at 8:00 a.m.
Question:
The campus bus at Haverford College is scheduled to arrive at the business school at 8:00 a.m. Usually, the bus arrives at the bus stop during the interval 7:56–8:03. Assume that the arrival time follows a uniform distribution.
(a) What is the probability that the bus arrives at the business school before 8:00?
(b) What is the average arrival time?
(c) What is the standard deviation of arrival time?
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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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