Expected waiting time and variance of waiting times

Assignment Help Business Management
Reference no: EM131229610

Buses run every 15 minutes along a certain route during rush hour. The time that a person would have to wait at a bus stop is uniformly distributed between 0 and 15 minutes.

  • What is the probability that this person has to wait between 5 and 10 minutes for the next bus?
  • What is the probability of a wait of at least 12 minutes?
  • Determine the expected waiting time and variance of waiting times.

Reference no: EM131229610

Questions Cloud

Explain the purpose of this assessment tool : Explain the purpose of this assessment tool, the reliability and validity, what developmental domains it assesses, and what agencies use this assessment in the early childhood settings.
How feature called relationship map help you in troubleshoot : Answer question below based on the Demo. Only used the link to answer the question, 1-2 paragraphs. Explain how the feature called the Relationship Map help you in troubleshooting issues within the purchasing cycle.
What is the quad representation of the decimal number 42 : We have represented numbers in base-2 (binary) and in base-16 (hex). We are now ready for unsigned base-4, which we will call quad numbers. A quad digit can be 0, 1, 2, or 3.
Find the probability that the daily output : The daily output of a production line varies according to a normal distribution with a mean (µ ) of 163 units and a standard deviation (σ ) of 3.5. Find the probability that the daily output will fall below 160 units.
Expected waiting time and variance of waiting times : What is the probability that this person has to wait between 5 and 10 minutes for the next bus? What is the probability of a wait of at least 12 minutes? Determine the expected waiting time and variance of waiting times.
Which of the following categories of contracts : The doctor examines him, prescribes medication, and gives him a bill for medical services. This agreement falls into which of the following categories of contracts?
How they will help you meet your professional goals : Summarizing so much personal information on paper is not easy, but it's important. Many employers complain that in interviews and job applications, students do not seem to know how to articulate the skills and strengths that they bring to the job.
Develop an initial budget for your plan : • Develop an initial budget for your plan. Prepare a pie chart showing the dollars/percentages budgeted for each included marketing activity for the first year. Provide justification for your choices.
Describe your change story and the one selected : Describe your change story and the one selected below. Discuss the common issues and lessons present in both stories. Describe how you might use the lessons as a solutions template during future change strategies.

Reviews

Write a Review

Business Management Questions & Answers

  Role in understanding the construct of personality

Statistics play an important role in understanding the construct of personality. With SPSS, comparison of means analyses can be conducted to promote a greater understanding of personality.

  Overcome insecurity and the detrimental effects

How can a new leader afford him/herself the reassurance needed? How can a leader overcome insecurity and the detrimental effects that come along with being doubtful of oneself?

  What are two ways in which cultural differences interact

what are two ways in which cultural differences interact with the notion of motivation?can you help me answer the

  The most effective compensation strategy

The most effective compensation strategy is one that develops a clear link between the following components:

  How would you rate the cohesiveness of your team

Based on what you've read in the background materials, what do you think could have been done differently with this team to improve its performance?

  Government programs for funding of health care

Select one of the major U.S. government programs for funding of health care services, and explain the scope and role of the program in American medical care.

  Lodging facilities and management papermiddot prepare a

lodging facilities and management papermiddot prepare a paper in which you describe different types of lodging

  What is wrong with allowing the actions of raben and brochar

According to the complaint, Raben netted trading profits of more than $20,000 by buying stock ahead of public announcements disclosing the acquisitions and then selling his shares. Assume the actions of Raben and Borchard had no effect on the client ..

  Differences between the three normative theories

For this discussion, you will analyze the differences between the three normative theories. Read the following three CNET.com articles regarding the Sony Playstation Network information breach: The Playstation Network Breach Sony Online Entertainm..

  Determine which of the four quadrants of the bcg matrix

Research a company of your choice and determine which of the four quadrants of the BCG Matrix you feel it fits into. Justify your response using information about the company. Your paper should be a minimum of 500 words.

  Type of learning experiences

What type of learning experiences would best serve a visual learner? An aural leaner? Someone who learns best by reading and writing? Someone who learns best by doing, that is by physical activity? What are the implications of your recommendations..

  Purchasing and supply manager educationbased on your

purchasing and supply manager educationbased on your experience or readings discuss the role of higher education and

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd