A random variable Y is the arrival time in minutes between customers at a store and is assumed to…

A random variable Y is the arrival time in minutes between customers at a store and is assumed to…

Question:

Don't use plagiarized sources. Get Your Custom Assignment on
A random variable Y is the arrival time in minutes between customers at a store and is assumed to…
From as Little as $13/Page

 

Transcribed Image Text:

A random variable Y is the arrival time in minutes between customers at a store and is assumed to follow an exponential distribution
If the mean of Y is 24 minutes,
• the average number of customers in a minute is [
P(Y<18)= • P(17 SYS 21)- the value of m such that the probability that Y is at least mis 0.390 is [ the mean number of customers in an hour is . If the mean number of customers in an hour at this store is 2.1. PY s 19 minutes) Expert Answer: Answer rating: 100% (QA) Let s solve each part of the question step by step The average number of customers in a minute The e View the full answer