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(Solved): The time between arrivals of taxis at a busy intersection is exponentially distributed with a mean o ...



The time between arrivals of taxis at a busy intersection is exponentially distributed with a mean of 20 minutes. (a) What is the probability that you wait longer than one hour for a taxi? (b) Suppose you have already been waiting for one hour for a taxi, what is the probability that one will arrive within the next 10 minutes?



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