Solution-The time between arrivals of taxis at a busy

The time between arrivals of taxis at a busy intersection is exponentially distributed with a mean of 10 minutes.

a) What is the probability that you wait longer than one hour for a taxi?

b) Suppose you have already been waiting for one hour for a taxi, what is the probability that one arrives within the next 10 minutes?

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The time between arrivals of taxis at a busy intersection : the time between arrivals of taxis at a busy intersection is exponentially distributed with a mean of 10 minutes.a what

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