Business, 15.10.2019 19:00 jakaylathomas11

Acatalog company that receives the majority of its orders by telephone conducted a study to determine how long customers were willing to wait on hold before ordering a product. the length of waiting time was found to be a variable best approximated by an exponential distribution with a mean length of waiting time equal to 2.8 minutes (i. e. the mean number of calls answered in a minute is ). what proportion of callers is put on hold longer than 2.8 minutes?

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Acatalog company that receives the majority of its orders by telephone conducted a study to determin...

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