Variance of the time


Assignment:

Cars arrive at Carla's Muffler shop for repair work at an average of 3 per hour, following an exponential distribution.

(a) What is the expected time between arrivals? ( use the Expected Value formula in excel)

(b) What is the variance of the time between arrivals? ( Variance formula excel)

 

Request for Solution File

Ask an Expert for Answer!!
Other Subject: Variance of the time
Reference No:- TGS01802873

Expected delivery within 24 Hours