The time intervals between successive barges passing a certain point on a busy waterway have an exponential distribution with a mean of 12 minutes. a. What is the probability that the time interval...

The time intervals between successive barges passing a certain point on a busy waterway have an exponential distribution with a mean of 12 minutes.

a. What is the probability that the time interval between two successive barges will be less than 14.8 minutes?

b. Determine the 77 percentile value for the time interval between two successive barges.

Jun 04, 2022

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