MSCI609_exponential_distribution_example

MSCI609_exponential_distribution_example - probability that...

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2/8/2011 1 Example The time between arrivals of taxis at a busy intersection has an exponential probability distribution function with mean 2 an exponential probability distribution function with mean of 10 minutes. 1. What is the probability that you wait longer than one hour for a taxi. 2. Suppose you have already been waiting for one hour for a taxi, what is the
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Unformatted text preview: probability that one arrives within the next 10 minutes? 3. Determine x such that the probability that you wait more than x minutes is 10%. 4. Determine x such that the probability that you wait less than x is 90%. 5. Determine x such that the probability that you wait less than x is 50%...
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This note was uploaded on 01/12/2012 for the course MSCI 609 taught by Professor Almehdawe,eman during the Fall '10 term at Waterloo.

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