Solution-Expected value of the waiting time

Expected value of the waiting time

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Reference no: EM131319818

Given the following waiting time distribution in a hotel, compute the expected value of the waiting time in 2 dec pl.

Waiting time (minutes)	Probability
4.0	20%
4.5	28%
5.0	32%
5.5	10%
6.0	10%

Reference no: EM131319818

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Expected value of the waiting time : Given the following waiting time distribution in a hotel, compute the expected value of the waiting time in 2 dec pl.

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Expected value of the waiting time

Reference no: EM131319818

Reference no: EM131319818

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