Question

Assume that we are observing a Poisson process in which the average time between events (request...

Assume that we are observing a Poisson process in which the average time between events (request for service) is 12 minutes.  Use Excel's EXPONDIST function to compute the following probabilities for the length of time that passes between events:
a.       P(More than 1.5 hours elapse between requests for service)
b.      P(Between 10 and 15 minutes pass between requests for service)
c.       P(Less than 12 minutes elapse)
0 0
Add a comment Improve this question Transcribed image text
Answer #1

a)

P(More than 1.5 hours=90 minutes elapse between requests for service) =1-expondist(90,1/12,true)=0.000553

b)

P(10<X<15)=expondist(15,1/12,true)-expondist(10,1/12,true)=0.148093

c)

P( Less than 12 minutes elapse) =expondist(12,1/12,true)=0.632121

Add a comment
Know the answer?
Add Answer to:
Assume that we are observing a Poisson process in which the average time between events (request...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT