Subway Waiting Time

question 190

Short Answer

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 of waiting no more than 3 minutes?

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Definitions:

Marginal Utility

The extra pleasure or benefit gained from using one more unit of a product or service.

Utilitarian Justice

A principle focusing on the greatest happiness or benefit for the greatest number of people as the measure of what is just.

Rawlsian Justice

A theory of justice developed by John Rawls that emphasizes equal basic rights, equality of opportunity, and the promotion of the interests of the least advantaged members of society.

Social Contract

A theory or model that explains the origin of society and government as an implicit agreement among individuals to ensure collective security and welfare.