How many Matlab seat licenses are required for there to be a ~1% steady state probability that no licenses are available, given that the number of students needing to use the software is per minute...

Extracted text: How many Matlab seat licenses are required for there to be a ~1% steady state probability that no licenses are available, given that the number of students needing to use the software is per minute and each is expected to use the software for 20 minutes (1 student stops using the license per 20 minutes). 3