1
answer
203
views
49
Problem

For access to Textbook Solutions, a Class+ or Grade+ subscription is required.

Textbook Expert
Textbook ExpertVerified Tutor
8 Nov 2021

Given information

Use the following information to answer the next ten exercises. A customer service representative must spend different amounts of time with each customer to resolve various concerns. The amount of time spent with each customer can be modeled by the following distribution: 

Step-by-step explanation

Step 1.

The mean of the exponential distribution is given by

,.

where, is the decay parameter.

The value of is .

Substitute for in the above-mentioned formula.

According to the given information, the random variable denotes the time spent with each customer. This follows the exponential distribution with parameter .

The value of is .

 

The mean of the distribution is  

Therefore, the mean of the distribution is 5.

 

Unlock all Textbook Solutions

Already have an account? Log in
Start filling in the gaps now
Log in