Question 10 A catalog company administered a survey to determine how long customers were willing to wait on hold before ordering a product. The length of time was found to be a random variable best approximated by an exponential distribution with a mean equal to 3.5 minutes. What proportion of customers having to hold more than 5.0 minutes will hang up before placing an order? A) 0.2397 B) 0.5714 C) 0.4286 D) 0.7603
Question 10 A catalog company administered a survey to determine how long customers were willing to wait on hold before ordering a product. The length of time was found to be a random variable best approximated by an exponential distribution with a mean equal to 3.5 minutes. What proportion of customers having to hold more than 5.0 minutes will hang up before placing an order? A) 0.2397 B) 0.5714 C) 0.4286 D) 0.7603
Calculus For The Life Sciences
2nd Edition
ISBN:9780321964038
Author:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Chapter13: Probability And Calculus
Section13.CR: Chapter 13 Review
Problem 8CR
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