subject
Mathematics, 17.03.2020 20:40 keiolanibrooks

Customers make purchases at a convenience store, on average, every fourteen minutes. It is fair to assume that the time between customer purchases is exponentially distributed. Jack operates the cash register at this store.

a-1. What is the rate parameter
λ

? (Round your answer to 4 decimal places.)

Rate parameter
λ

a-2. What is the standard deviation of this distribution? (Round your answer to 1 decimal place.)

Standard deviation

b. Jack wants to take a ten-minute break. He believes that if he goes right after he has serviced a customer, he will lower the probability of someone showing up during his ten-minute break. Is he right in this belief?

Yes No

c. What is the probability that a customer will show up in less than ten minutes? (Round intermediate calculations to 4 decimal places and final answer to 4 decimal places.)

Probability

d. What is the probability that nobody shows up for over forty minutes? (Round intermediate calculations to 4 decimal places and final answer to 4 decimal places.)

Probability

ansver
Answers: 2

Another question on Mathematics

question
Mathematics, 21.06.2019 18:00
Name each raycalculation tip: in ray "ab", a is the endpoint of the ray.
Answers: 2
question
Mathematics, 22.06.2019 02:10
Susan is paying $0.30 per $100 on her $483,000 home in homeowners insurance annually. if her annual homeowners insurance premium is divided into twelve equal monthly installments to be included on each of her monthly mortgage payments of $2,128.00, what is her total monthly payment?
Answers: 2
question
Mathematics, 22.06.2019 03:20
Perform the indicated operation. y^2 + 3y - 10 / 3y + 15
Answers: 1
question
Mathematics, 22.06.2019 05:00
Perry angelo is planning to open a restaurant. he has the resources to produce and sell either hamburgers or pizzas. so he does some research and finds that the new location has a good demand for pizza. he hires cooks, wait staff, and an accounts person for his new pizzeria. he also arranges for materials such as pizza ingredients and pizza boxes. determine three factors affecting perry's cost of making pizza. write down the name of the factors and their instances in this scenario.
Answers: 3
You know the right answer?
Customers make purchases at a convenience store, on average, every fourteen minutes. It is fair to a...
Questions
question
Mathematics, 20.02.2021 01:00
question
Mathematics, 20.02.2021 01:00
question
Mathematics, 20.02.2021 01:00
question
Health, 20.02.2021 01:00
Questions on the website: 13722367