The applicants are scheduled at quarter-hour intervals


The time (in hours) a manager takes to interview a job applicant has an exponential distribution with β = 1/2. The applicants are scheduled at quarter-hour intervals, beginning at 8:00 A.M., and the applicants arrive exactly on time. When the applicant with an 8:15 A.M. appointment arrives at the manager's office, what is the probability that he will have to wait before seeing the manager?

Request for Solution File

Ask an Expert for Answer!!
Microeconomics: The applicants are scheduled at quarter-hour intervals
Reference No:- TGS01371604

Expected delivery within 24 Hours