QuestionFor a certain delivery business, the length of time for a delivery to arrive is exponentially distributed with a mean of 5 days.What is the probability that a random order will take 8 days or more to arrive? Round your answer to the nearestthousandth.

Let X be the time of delivery to arrive in a certain delivery business.X is exponentially…

Answered: For a certain delivery business, the…

A First Course in Probability (10th Edition)

10th Edition

ISBN:9780134753119

Author:Sheldon Ross

Publisher:Sheldon Ross

Chapter1: Combinatorial Analysis

Section: Chapter Questions

Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...

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For a certain delivery business, the length of time for a delivery to arrive is exponentially distributed with a mean of 5 days. What is the probability that a random order will take 8 days or more to arrive? Round your answer to the nearest thousandth.