Question: A line forms outside a ticket booth selling tickets for a broadway play. One customer arrives on average every 9 minutes. The coefficient of variation
A line forms outside a ticket booth selling tickets for a broadway play. One customer arrives on average every 9 minutes. The coefficient of variation (CV) of the interarrival times is 1. Purchasing a ticket takes an average of 7.5 minutes, with the coefficient of variation equal to 1. If there is a single ticket seller, how many minutes does each customer expect to wait on average before beginning their transaction?
Give the answer in minutes and round to two decimal places.
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