Question: in excel and the steps please 2. The time between arrivals of cars at the Petroco Service Station is defined by the following probability distribution:

in excel and the steps please 2. The time between

in excel and the steps please

2. The time between arrivals of cars at the Petroco Service Station is defined by the following probability distribution: Time Between Arrivals (min.) Probability 1 .15 .30 N 3 .40 4 .15 1.00 a. Simulate the arrival of cars at the service station for 20 arrivals, and compute the average time between arrivals. b. Simulate the arrival of cars at the service station for 1 hour, using a different stream of random numbers from those used in (a), and compute the average time between arrivals. c. Compare the results obtained in (a) and (b)

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!