Exponential Distribution:Website purchase times are tracked by a company's data analytics department. Average timebetween purchases on a bookstore's website is 44 seconds. What is the probability the nextpurchase occurs in less than 34 seconds?0.5097O0.53820.46180.2741O 0.7259

Given average time between purchases on a bookstore's website is 44 seconds. That is, μ=44.

Answered: Exponential Distribution: Website…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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Exponential Distribution: Website purchase times are tracked by a company's data analytics department. Average time between purchases on a bookstore's website is 44 seconds. What is the probability the next purchase occurs in less than 34 seconds? 0.5097 O0.5382 0.4618 0.2741 0.7259