The Time Between Arrivals at an Intersection Follows an Exponential

question 41

Short Answer

The time between arrivals at an intersection follows an exponential probability distribution with a mean of 14 seconds.What is the probability the arrival time between vehicles is 7 seconds or less ?

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Definitions:

Labor Force Participation Rate

The percentage of the working-age population that is either employed or actively looking for work.

Increasing

Describes a situation where there is a growth or rise in a particular variable, measure, or quantity over time.

Constant

A fixed value that does not change.

Slope

A measure of the steepness or incline of a line, represented as the ratio of the vertical change to the horizontal change between two points on the line.