Suppose the time in minutes, X, that a customer stays in a store has an exponential distribution with a mean of 5 minutes Thus, the density of X is f(x,x) e Ax for 0 x A is what R calls rate Hint This is a problem involving the exponential distribution Knowing the parameter for the distribution al...

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Introduction to Management Science A Modeling and Cases Studies Approach with Spreadsheets

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Authors: Frederick S. Hillier, Mark S. Hillier

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Suppose the time in minutes, X, that a customer stays in a store has an exponential...

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Introduction to Management Science A Modeling and Cases Studies Approach with Spreadsheets

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