Consider an airport where taxis and customersarrive (exponential interarrival times) with respective rates of one and two per minute. No matter howmany other taxis are present, a taxi will wait. If anarriving customer does not find a taxi, the customerimmediately leaves.a. Model this system as an MyMy1 queue. (Hint:Think of the taxis as the “customers.”)b. Find the average number of taxis that are waitingfor a customer.c. Suppose all customers who use a taxi pay a$10 fare. During a typical hour, how much revenuewill the taxis receive?
Contingency Table
A contingency table can be defined as the visual representation of the relationship between two or more categorical variables that can be evaluated and registered. It is a categorical version of the scatterplot, which is used to investigate the linear relationship between two variables. A contingency table is indeed a type of frequency distribution table that displays two variables at the same time.
Binomial Distribution
Binomial is an algebraic expression of the sum or the difference of two terms. Before knowing about binomial distribution, we must know about the binomial theorem.
Consider an airport where taxis and customers
arrive (exponential interarrival times) with respective rates of one and two per minute. No matter how
many other taxis are present, a taxi will wait. If an
arriving customer does not find a taxi, the customer
immediately leaves.
a. Model this system as an MyMy1 queue. (Hint:
Think of the taxis as the “customers.”)
b. Find the average number of taxis that are waiting
for a customer.
c. Suppose all customers who use a taxi pay a
$10 fare. During a typical hour, how much revenue
will the taxis receive?
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