Collinas Italian Caf in Houston, Texas, advertises that carryout orders take about 25 minutes (Collinas website, February
Question:
Collina’s Italian Café in Houston, Texas, advertises that carryout orders take about 25 minutes (Collina’s website, February 27, 2008). Assume that the time required for a carryout order to be ready for customer pickup has an exponential distribution with a mean of 25 minutes.
a. What is the probability than a carryout order will be ready within 20 minutes?
b. If a customer arrives 30 minutes after placing an order, what is the probability that the order will not be ready?
c. A particular customer lives 15 minutes from Collina’s Italian Café. If the customer places a telephone order at 5:20 P.M., what is the probability that the customer can drive to the café, pick up the order, and return home by 6:00P.M.?
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
Step by Step Answer:
a for x 0 P x x 0 P x 20 1 4493 5507 b P x 30 1 P x 30 1 1 e 30...View the full answer
Essentials Of Statistics For Business And Economics
ISBN: 9781305081598
7th Edition
Authors: David Anderson, Thomas Williams, Dennis Sweeney, Jeffrey Cam
