[Solved] In the Willow Brook National Bank waiting line system (see problem 1) assume that the service times for the drive-up teller follow an exponential
Question: In the Willow Brook National Bank waiting line system (see problem 1) assume that the service times for the drive-up teller follow an exponential probability distribution with a service rate of 36 customers per hour, or 0.6 customers per minute. Use the exponential probability distribution to answer the following questions:
- What is the probability the service time is one minute or less?
- What is the probability the service time is two minutes or less?
- What is the probability the service time is more than two minutes?
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