A Study of Cars Arriving at a Parking Structure at the Local

question 17

True/False

A study of cars arriving at a parking structure at the local airport shows that the time between arrivals is 1.2 minutes and is exponentially distributed. The probability that more than 2 minutes will elapse between the arrivals of cars is about 0.81.

---

Definitions:

Own A Car

Refers to the state or condition of having legal ownership and possession of an automobile.

Own A Home

The state or condition of possessing and living in a residential property owned by the person or household.

Conditional Probability

The likelihood of a specific event happening in connection with one or more other events.

Given

A term used to denote certain conditions or variables are assumed to be true or established in the discussion, analysis, or problem that follows.