Let X = the time between two successive arrivals at the drive-up window of a local bank. If X has an exponential distribution with λ = 1, (which is identical to a standard gamma distribution with a = 1), compute the following. (If necessary, round your answer to three decimal places.) (a) The expected time between two successive arrivals (b) The standard deviation of the time between successive arrivals (c) P(X ≤ 1)

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...
icon
Related questions
Question
Let X = the time between two successive arrivals at the drive-up window of a local bank. If X has an exponential distribution with
λ = 1, (which is identical to a standard gamma distribution with α = 1), compute the following. (If necessary, round your answer
to three decimal places.)
(a) The expected time between two successive arrivals
(b) The standard deviation of the time between successive arrivals
(c) P(X ≤ 1)
(d)
P(1 ≤ x ≤ 3)
You may need to use the appropriate table in the Appendix of Tables
Transcribed Image Text:Let X = the time between two successive arrivals at the drive-up window of a local bank. If X has an exponential distribution with λ = 1, (which is identical to a standard gamma distribution with α = 1), compute the following. (If necessary, round your answer to three decimal places.) (a) The expected time between two successive arrivals (b) The standard deviation of the time between successive arrivals (c) P(X ≤ 1) (d) P(1 ≤ x ≤ 3) You may need to use the appropriate table in the Appendix of Tables
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 3 steps with 1 images

Blurred answer
Similar questions
Recommended textbooks for you
A First Course in Probability (10th Edition)
A First Course in Probability (10th Edition)
Probability
ISBN:
9780134753119
Author:
Sheldon Ross
Publisher:
PEARSON
A First Course in Probability
A First Course in Probability
Probability
ISBN:
9780321794772
Author:
Sheldon Ross
Publisher:
PEARSON