[All Steps] At a certain bus stop, the waiting time of a bus is exponentially distributed of an average of 10 minutes. You arrive at the stop right after


Question: At a certain bus stop, the waiting time of a bus is exponentially distributed of an average of 10 minutes.

  1. You arrive at the stop right after a bus leaves. What is the probability you will wait more than 15 minutes for the next bus.
  2. Let Y be the number of buses arriving within one hour. What is the distribution of Y?
  3. What is the probability that exactly 4 buses arriving within one hour?

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Solution: The downloadable solution consists of 1 pages
Deliverable: Word Document

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