The number of minutes needed for the probability to reach 50 % , where between 5 : 00 PM and 6 : 00 PM cars arrive at Jiffy Lube at the rate of 9 cars per hour ( 0.15 car per minutes). The probability that a car will arrive within t minutes of 5 : 00 PM is F ( t ) = 1 − e − 0.15 t
The number of minutes needed for the probability to reach 50 % , where between 5 : 00 PM and 6 : 00 PM cars arrive at Jiffy Lube at the rate of 9 cars per hour ( 0.15 car per minutes). The probability that a car will arrive within t minutes of 5 : 00 PM is F ( t ) = 1 − e − 0.15 t
The number of minutes needed for the probability to reach 50% , where between 5:00PM and 6:00PM cars arrive at Jiffy Lube at the rate of 9 cars per hour ( 0.15 car per minutes). The probability that a car will arrive within t minutes of 5:00PM is F(t)=1−e−0.15t
(a)
Expert Solution
Answer to Problem 122AYU
Solution:
Approximately, within 5minutes of 5:00 PM the probability reaches to 50%
Explanation of Solution
Given information:
Between 5:00PM and 6:00PM , cars arrive at Jiffy Lube at the rate of 9 cars per hour ( 0.15 car per minutes).
The probability that a car will arrive within t minutes of 5:00PM is F(t)=1−e−0.15t
Here, the probability is 50%
Thus, F(t)=50%
⇒50%=1−e−0.15t
By simplifying,
⇒12=1−e−0.15t
Subtract 1 from both sides,
⇒12−1=1−e−0.15t−1
⇒−12=−e−0.15t
⇒12=e−0.15t
Taking natural log on both sides,
⇒ln(12)=ln(e−0.15t)
⇒ln(12)=−0.15t
⇒t=4.62098≈5
Therefore, approximately 5 minutes needed for the probability to reach 50%
(b)
To determine
The number of minutes needed for the probability to reach 80% , where between 5:00PM and 6:00PM , cars arrive at Jiffy Lube at the rate of 9 cars per hour ( 0.15 car per minutes). The probability that a car will arrive within t minutes of 5:00PM is F(t)=1−e−0.15t
(b)
Expert Solution
Answer to Problem 122AYU
Solution:
Approximately, within 11minutes of 5:00 PM the probability reaches to 80%
Explanation of Solution
Given information:
Between 5:00PM and 6:00PM , cars arrive at Jiffy Lube at the rate of 9 cars per hour ( 0.15 car per minutes).
The probability that a car will arrive within t minutes of 5:00PM is F(t)=1−e−0.15t
Here, probability is 80%
Thus, F(t)=80%
⇒80%=1−e−0.15t
By simplifying,
⇒810=1−e−0.15t
Subtract 1 from both sides,
⇒810−1=1−e−0.15t−1
⇒−210=−e−0.15t
⇒15=e−0.15t
Taking natural log on both sides,
⇒ln(15)=ln(e−0.15t)
⇒ln(15)=−0.15t
⇒t=10.72958≈11
Therefore, approximately 11 minutes needed for the probability to reach 80%
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