Calculate the probability a customer waits

Assignment Help Basic Statistics
Reference no: EM132064063

Waiting times to receive food after placing an order at the local subway sandeish shop follow an exponential distribution with a mean of 52 seconds. Calculate the probability a customer waits: less than 32 seconds, more than 120 seconds, between 40 and 65 seconds, 50% of patrons wait to less than how many seconds? What is the median?

Reference no: EM132064063

Questions Cloud

At what amount are june payments for purchases budgeted : All purchases are paid 45% in the month of purchase and 55% the following month. At what amount are June payments for purchases budgeted
Identify the two components of cost of equity : Identify the two components of Cost of Equity and describe what each is based on.
What are budgeted sales for december : Sport Supplies Corporation has budgeted purchases of inventory for December of $140,000. What are budgeted sales for December
What are the key factors that help an organization decide : Examine the ways in which selection of a framework can affect the success or failure of the supply chain program.
Calculate the probability a customer waits : Calculate the probability a customer waits: less than 32 seconds, more than 120 seconds, between 40 and 65 seconds
Compute depreciation for the machine : A machine costing $213,400 with a four-year life, Compute depreciation for the machine under each depreciation method
Higher share prices can stimulate business investment : Higher share prices can stimulate business investment because:
Role and potential of information technology : 1. What is the role and potential of information technology in the democratic way of life?
Yields on bonds must be above effective lower bound : Yields on bonds must be above the effective lower bound because:

Reviews

Write a Review

Basic Statistics Questions & Answers

  Statistics-probability assignment

MATH1550H: Assignment:  Question:  A word is selected at random from the following poem of Persian poet and mathematician Omar Khayyam (1048-1131), translated by English poet Edward Fitzgerald (1808-1883). Find the expected value of the length of th..

  What is the least number

MATH1550H: Assignment:  Question:     what is the least number of applicants that should be interviewed so as to have at least 50% chance of finding one such secretary?

  Determine the value of k

MATH1550H: Assignment:  Question:     Experience shows that X, the number of customers entering a post office during any period of time t, is a random variable the probability mass function of which is of the form

  What is the probability

MATH1550H: Assignment:Questions: (Genetics) What is the probability that at most two of the offspring are aa?

  Binomial distributions

MATH1550H: Assignment:  Questions:  Let’s assume the department of Mathematics of Trent University has 11 faculty members. For i = 0; 1; 2; 3; find pi, the probability that i of them were born on Canada Day using the binomial distributions.

  Caselet on mcdonald’s vs. burger king - waiting time

Caselet on McDonald’s vs. Burger King - Waiting time

  Generate descriptive statistics

Generate descriptive statistics. Create a stem-and-leaf plot of the data and box plot of the data.

  Sampling variability and standard error

Problems on Sampling Variability and Standard Error and Confidence Intervals

  Estimate the population mean

Estimate the population mean

  Conduct a marketing experiment

Conduct a marketing experiment in which students are to taste one of two different brands of soft drink

  Find out the probability

Find out the probability

  Linear programming models

LINEAR PROGRAMMING MODELS

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd