What is the probability that you will need to wait for more, Basic Statistics

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What is the probability that you will need to wait for more

Suppose that the times between arrivals at a bank during the peak period of the day are exponentially distributed with a mean of 45 seconds.

If you just observed an arrival, what is the probability that you will need to wait for more than a minute before observing the next arrival?

What is the probability you will need to wait at least two minutes?

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Basic Statistics: What is the probability that you will need to wait for more

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Basic Statistics: What is the probability that you will need to wait for more

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