(Steps Shown) The service time at an automobile center has a Lognormal distribution with parameters µ = 1.0 and mean of 3.4. What is the probability that
Question: The service time at an automobile center has a Lognormal distribution with parameters µ = 1.0 and mean of 3.4.
- What is the probability that a customer will have to wait for more than 4.69 hours?
- What is the probability that at least 8 of the next 10 customers will have to wait for more than 4.69 hours?
- What is the expected number of customers that will have to wait more than 4.69 hours?
- What is the median service time?
-
What is the 95
th
percentile of service time?
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