8 Trains arrive every 20 minutes in an hour.(20,20,20)a. if you arrived at a random time and waitedfor 5 minutes what is the probability the nexttrain will come within 5 minutes? %%b. if you arrive at a random time, waited for 5mins, how much more time do you have towait for the next train, on average? number ofmins

Answered: a. if you arrived at a random time and…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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a. if you arrived at a random time and waited for 5 minutes what is the probability the next train will come within 5 minutes? %% b. if you arrive at a random time, waited for 5 mins, how much more time do you have to wait for the next train, on average? number of mins