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The time between arrivals of vehicles at a particular intersection follows an exponential probability distribution with a mean of 12 seconds.
a. Sketch this exponential probability distribution.
b. What is the probability that the arrival time between vehicles is 12 seconds or less?
c. What is the probability that the arrival time between vehicles is 6 seconds or less?
d. What is the probability of 30 or more seconds between vehicle arrivals?
This activity requires you to write a Research Paper on a subject of your choice within Technology and Innovation Management.
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