When a bus service reduces fares, a particular trip from New York City to Albany, New York, is very popular. A small bus can carry four passengers. The time between calls for tickets is exponentially distributed with a mean of 40 minutes. Assume that each caller orders one ticket. What is the probability that the bus is filled in less than 3 hours from the time of the fare reduction? Round your answer to 4 decimal places. 0.0723 IM
When a bus service reduces fares, a particular trip from New York City to Albany, New York, is very popular. A small bus can carry four passengers. The time between calls for tickets is exponentially distributed with a mean of 40 minutes. Assume that each caller orders one ticket. What is the probability that the bus is filled in less than 3 hours from the time of the fare reduction? Round your answer to 4 decimal places. 0.0723 IM
Chapter8: Sequences, Series,and Probability
Section8.7: Probability
Problem 10ECP: In Example 10, researchers selected five people at random from the population. What is the...
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