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Continuous uniform distribution

A bus arrives every 10 minutes at a bus stop. It is assumed that the waiting time for a particular individual is a random variable with a continuous uniform distribution.

(a) What is the probability that the individual waits more than 7 minutes?

(b) What is the probability that the individual waits between 2 and 7 minutes?

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Finance Basics: Continuous uniform distribution

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Solution Preview :

Prepared by a verified Expert

Finance Basics: Continuous uniform distribution

Reference No:- TGS0681681

Have a Question? (oR Write a Review)

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Solution Preview :

Prepared by a verified Expert

Finance Basics: Continuous uniform distribution

Reference No:- TGS0681681

Recent Questions Asked Finance Basics

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