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Mathematics, 17.03.2020 03:34 ariana7245

Wendy's restaurant has been recognized for having the fastest average service time among fast food restaurants. In a benchmark study, Wendy's average service time of minutes was less than those of Burger King, Chick-fil-A, Krystal, McDonald's, Taco Bell, and Taco John's (QSR Magazine website, December ). Assume that the service time for Wendy's has an exponential distribution. Do not round intermediate calculations.

What is the probability that a service time is less than or equal to one minute (to 4 decimals)?

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