Question: ***PLEASE ANSWER PROBLEM IN EXCEL FORMAT AND PROVIDE FORMULAS AND SOLVER*** THANK YOU. Problem 4: The Yankee Stadium has enough space at its entrance for

***PLEASE ANSWER PROBLEM IN EXCEL FORMAT AND

***PLEASE ANSWER PROBLEM IN EXCEL FORMAT AND PROVIDE FORMULAS AND SOLVER*** THANK YOU.

Problem 4: The Yankee Stadium has enough space at its entrance for eight taxis to line up, wait for guests, and then load passengers. Taxis arrive at the stadium every 6 minutes; if a taxi drives by the stadium and the line is full, it must drive on. Yankee fans require a taxi every 5 minutes, on average. It takes a taxi driver an average of 3.5 minutes to load passengers and leave the stadium (exponentially distributed). a. What is the average time a taxi must wait for a fare? b. What is the probability that the line will be full when a cab drives by, causing it to drive on

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