The Time Between Arrivals at an ATM Machine Follows an Exponential

question 120

Multiple Choice

The time between arrivals at an ATM machine follows an exponential distribution with θ = 10 minutes. Find the probability that between 15 and 25 minutes will pass between arrivals.

• A)0.082085
• B)0.305215
• C)0.223130
• D)0.141045

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Definitions:

Industrial Revolution

A period of major industrialization that took place during the late 1700s and early 1800s, radically changing manufacturing processes, society, and the global economy.

Domestic System

A production system prevalent before the Industrial Revolution, where manufacturing was done in homes rather than in centralized factories.