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Subway Waiting Time

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Subway Waiting Time
At a subway station the waiting time for a subway is found to be uniformly distributed between 1 and 5 minutes. ​ ​
-{Subway Waiting Time Narrative} What is the probability that the subway arrives in the first minute and a half?


Definitions:

Accounts Payable Aging

A report that categorizes a company's accounts payable according to the period of time an invoice has been outstanding, helping to manage debts effectively.

Accounts Receivable Aging

A report detailing the amounts owed to a business, categorized by the length of time the invoices have been outstanding.

Vendor Summary

A report or overview that shows the amounts owed to and transactions made with suppliers or service providers.

Purchase of Services

The acquisition of professional assistance, labor, or expertise in exchange for payment.

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