03.11.2021

The time between arrivals of customers at an automatic teller machine is an exponential random variable with a mean of 4 minutes. Round yours answers to 4 decimal places. (a) What is the probability that more than three customers arrive in 10 minutes

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24.06.2023, solved by verified expert
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0.7788 = 77.88% probability that more than three customers arrive in 10 minutes

Step-by-step explanation:

Exponential distribution:

The exponential probability distribution, with mean m, is described by the following equation:

The time between arrivals of customers at an, №17887891, 03.11.2021 07:31

In which The time between arrivals of customers at an, №17887891, 03.11.2021 07:31 is the decay parameter.

The probability that x is lower or equal to a is given by:

The time between arrivals of customers at an, №17887891, 03.11.2021 07:31

Which has the following solution:

The time between arrivals of customers at an, №17887891, 03.11.2021 07:31

The probability of finding a value higher than x is:

The time between arrivals of customers at an, №17887891, 03.11.2021 07:31

In this question, we have that:

The time between arrivals of customers at an automatic teller machine is an exponential random variable with a mean of 4 minutes, and we have three customers, which means that The time between arrivals of customers at an, №17887891, 03.11.2021 07:31

(a) What is the probability that more than three customers arrive in 10 minutes

This is P(X > 3). So

The time between arrivals of customers at an, №17887891, 03.11.2021 07:31

0.7788 = 77.88% probability that more than three customers arrive in 10 minutes

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Mathematics
Step-by-step answer
P Answered by PhD

0.7788 = 77.88% probability that more than three customers arrive in 10 minutes

Step-by-step explanation:

Exponential distribution:

The exponential probability distribution, with mean m, is described by the following equation:

f(x) = \mu e^{-\mu x}

In which \mu = \frac{1}{m} is the decay parameter.

The probability that x is lower or equal to a is given by:

P(X \leq x) = \int\limits^a_0 {f(x)} \, dx

Which has the following solution:

P(X \leq x) = 1 - e^{-\mu x}

The probability of finding a value higher than x is:

P(X  x) = 1 - P(X \leq x) = 1 - (1 - e^{-\mu x}) = e^{-\mu x}

In this question, we have that:

The time between arrivals of customers at an automatic teller machine is an exponential random variable with a mean of 4 minutes, and we have three customers, which means that m = 3*4 = 12, \mu = \frac{1}{12} = 0.0833

(a) What is the probability that more than three customers arrive in 10 minutes

This is P(X > 3). So

P(X  3) = e^{-0.0833*3} = 0.7788

0.7788 = 77.88% probability that more than three customers arrive in 10 minutes

Mathematics
Step-by-step answer
P Answered by PhD

Cost of 7 gallons=$24.50

Cost of 1 gallon=24.50/7=3.5

Cost of 15 gallons=15*3.5=52.5

Cost of 15 gallons will be $52.5

Mathematics
Step-by-step answer
P Answered by PhD

For 1 flavor there are 9 topping

Therefore, for 5 different flavors there will be 5*9 choices

No of choices= 5*9

=45 

Mathematics
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P Answered by PhD

For every 8 cars there are 7 trucks

Therefore,

Cars:Truck=8:7

Answer is B)8:7

Mathematics
Step-by-step answer
P Answered by PhD

y=2x+15

where y=Value of coin

x=Age in years

Value of coin after 19 years=2*19+15

=$53

Therefore, Value after 19 years=$53

Mathematics
Step-by-step answer
P Answered by PhD

Salesperson will make 6% of 1800

=(6/100)*1800

=108

Salesperson will make $108 in $1800 sales

Mathematics
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P Answered by PhD

The solution is given in the image below

The solution is given in the image below
Mathematics
Step-by-step answer
P Answered by PhD

The wood before starting =12 feet

Left wood=6 feet

Wood used till now=12-6=6 feet

Picture frame built till now= 6/(3/4)

=8 pieces

Therefore, till now 8 pieces have been made.

Mathematics
Step-by-step answer
P Answered by PhD

The wood before starting =12 feet

Left wood=6 feet

Wood used till now=12-6=6 feet

Picture frame built till now= 6/(3/4)

=8 pieces

Therefore, till now 8 pieces have been made.

Mathematics
Step-by-step answer
P Answered by PhD

Salesperson will make 6% of 1800

=(6/100)*1800

=108

Salesperson will make $108 in $1800 sales

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