subject
Mathematics, 31.10.2020 01:00 dsperez201938

In a benchmark study, a fast food restaurant had an average service time of 2.9 minutes. Assume that the service time for the fast food restaurant has an exponential distribution. (Round your answers to four decimal places.) (a) What is the probability that a service time is less than or equal to one minute? (b) What is the probability that a service time is between 15 seconds and one minute? (c) Suppose the manager of the restaurant is considering instituting a policy such that if the time it takes to serve you exceeds four minutes, your food is free. What is the probability that you will get your food for free? If the manager is okay with 1% chance of customers receiving free food, does the policy seem like a good idea? (A) The policy does not seem like a good idea as we would expect more than 1% of customers to receive free food. (B) The policy seems like a good idea as we would expect less than 1% of customers to receive free food.

ansver
Answers: 3

Other questions on the subject: Mathematics

image
Mathematics, 21.06.2019 19:00, Olavarriafamily1
The figures below are made out of circles, semicircles, quarter circles, and a square. find the area and the perimeter of each figure and give your answers as a completely simplified exact value in terms of π (no approximations).
Answers: 1
image
Mathematics, 21.06.2019 20:30, Mgarcia325
Justin has 750 more than eva and eva has 12 less than justin together they have a total of 63 how much money did
Answers: 1
image
Mathematics, 21.06.2019 23:20, braddypeter61
Interpret the following expression (5y^2-7)^3/(2y)^2
Answers: 2
image
Mathematics, 22.06.2019 00:20, cjasmine626
What is the slope of the line passing through the points (3, 3) and (5, 7) ? 1. 2 2. 1/2 3. −2 4. −1/2
Answers: 2
You know the right answer?
In a benchmark study, a fast food restaurant had an average service time of 2.9 minutes. Assume that...

Questions in other subjects:

Konu
Mathematics, 26.01.2021 01:00