A pumping station operator observes that the demand for water at a certain hour of the day can be modeled as an exponential random variable with a mean of 100 ft^3 / s.  a.) What is the maximum water-producing capacity that the station should keep on line for this hour so that the demand will exceed this production capacity with a probability of only 0.01?

Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter10: Sequences, Series, And Probability
Section: Chapter Questions
Problem 27T
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A pumping station operator observes that the demand for water at a certain hour of the day can be modeled as an exponential random variable with a mean of 100 ft^3 / s. 

a.) What is the maximum water-producing capacity that the station should keep on line for this hour so that the demand will exceed this production capacity with a probability of only 0.01? 

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