A Costco employee performs a total of 60 movements of products
within the store during a working
day. The duration of each movement follows an exponential
distribution with mean 7 minutes, and the
movements are considered to be independent. What is the probability
that the employee complete his
work before eight hours? If not specified, use a level of
significance = 0:05
Please don't hesitate to give a "thumbs up" in case
you're satisfied with the answer
P(X<8) = ?
Mean = 1/Lambda = ?
Lambda ( for 60 movements) in hours = (7minutes)*60 / 60 minutes = 7 hours
So, Mean = 1/7
x = 8, as we have to calculate probability that the employee complete his work before eight hours
So, P(X<c) = 1- e^(-Lambda*c)
P(X<8) = 1- e^(-(1/7)*8) = .6811
So, probability that the employee complete his work before eight hours = 0.6811
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