Probability that the average service time


Suppose the service time, in minutes, at a bank has the Exponential distribution with lambda = 1/2. Use the central limit theorem to estimate the probability that the average service time of the first n customers is less than 2.5 minutes, when: a.) n = 16 b.) n = 36 c.) n = 100

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Basic Statistics: Probability that the average service time
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