subject
Mathematics, 15.10.2019 19:20 okokalyssa

Abank wishing to increase its customer base advertises that it has the fastest service and that virtually all of its customers are served in less than 10 minutes. a management scientist has studied the service times and concluded that service times are exponentially distributed with a mean of 5.5 minutes. determine what the bank means when it claims 'virtually all' its customers are served in under 10 minutes and determine the median service time.

ansver
Answers: 2

Another question on Mathematics

question
Mathematics, 21.06.2019 17:00
There is a spinner with 14 equal areas, numbered 1 through 14. if the spinner is spun one time, what is the probability that the result is a multiple of 2 or a multiple of 5?
Answers: 2
question
Mathematics, 21.06.2019 18:50
In which form is the following function written? y = - 2(x – 3)(x + 5)
Answers: 1
question
Mathematics, 21.06.2019 19:00
Through non-collinear points there is exactly one plane.
Answers: 1
question
Mathematics, 21.06.2019 21:00
An airplane travels at an unknown elevation before it descends 3 miles to an elevation of 15 miles. find the elevation of the plane before its descen.
Answers: 1
You know the right answer?
Abank wishing to increase its customer base advertises that it has the fastest service and that virt...
Questions
question
Mathematics, 14.09.2019 17:10