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The time between arrivals of taxis is exponentially distributed with a mean of 10 minutes. a)...

The time between arrivals of taxis is exponentially distributed with a mean of 10 minutes.

a) You are fourth in line looking for a taxi. What is the probability that exactly 3 taxis arrive within one hour?

b) Suppose the other three parties just decided to take the subway and you are now the first in line for the next taxi. Determine the time t such that the probability you wait less than t minutes from now until the next taxi arrives is 0.90.

c) Suppose that since you became the first in line, you should have been waiting one hour for the next taxi. What is the probability that a taxi arrives in the next 10 minutes. Justify your answer with words.

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