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Category > Management Posted 25 Oct 2017 My Price 2.00

exponential distribution

The number of days ahead travelers purchase their airline tickets can be modeled by an exponential distribution with the average amount of time equal to 15 days. Find the probability that a traveler will purchase a ticket fewer than ten days in advance. How many days do half of all travelers wait?

 

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Maurice Tutor
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Status NEW Posted 25 Oct 2017 07:10 PM My Price 2.00

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