c. The time in minutes, until a customer approaches a cashier in a grocery, has an exponential distribution with mean d = a. (i) Given that no customers approach the cashier in the first 10 minutes, what is the probability that there are no customers in the next 5 minutes? State any theorems used. (ii) Let X denote the time it takes for a customer to approach the cashier. Find P(|X|> 2).
c. The time in minutes, until a customer approaches a cashier in a grocery, has an exponential distribution with mean d = a. (i) Given that no customers approach the cashier in the first 10 minutes, what is the probability that there are no customers in the next 5 minutes? State any theorems used. (ii) Let X denote the time it takes for a customer to approach the cashier. Find P(|X|> 2).
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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