Customers arrive at a bank at the mean rate of 15 per hour. The exponential probability distribution
Question: Customers arrive at a bank at the mean rate of 15 per hour. The exponential probability distribution describes the time between customer arrivals.
a) The customer service manager thinks that if a customer arrives within 3 minutes of a previous customer, a new teller must be added. What is the probability that it will occur?
b) What is the probability that the bank will go 6 minutes without a customer arrival?
Make sure you show your work and explain each answer. Use Ph.Stat for calculations.
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See Solution: The solution consists of 1 page
Deliverables: Word Document
Deliverables: Word Document
