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Mathematics, 25.02.2020 18:54 ritchieandrew249

The Krasnapolski is a top-of-the-line hotel in Amsterdam, the Netherlands. Among their many services, they rent bicycles to guests. The bicycle checkout is open 24 hours per day 7 days per week and has 50 bicycles on hand. On average, 10 guests request a bicycle each day, arriving completely randomly at all times of the day during the spring and summer seasons. Guests keep bicycles for four days on average, with a standard deviation of two days. How long does a guest on average have to wait for a bike?
a. Approximately 24 hours
b. Approximately 0.033 hours
c. Approximately 4 days
d. Approximately 47 minutes

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