Math Problem Statement
solve all giving numerical values to 6 decimal places
Solution
Let's solve each part of the problem step-by-step, with numerical values rounded to six decimal places.
Given Information:
- Customers arrive at a rate of per 10 minutes.
- We are dealing with the Poisson process, so the inter-arrival times follow an exponential distribution with rate parameter .
Solution Steps:
Part (a)
How many minutes can you expect to pass between successive customers entering the convenience store?
Since the inter-arrival time follows an exponential distribution with rate , the expected time between arrivals (mean of the exponential distribution) is:
Part (b)
Compute the probability that at most 1.5 minutes will pass between the arrival of one customer and the next.
To find , where is the time between arrivals, we use the cumulative distribution function (CDF) of the exponential distribution: Substituting and :
Part (c)
Find the probability that at least 1.25 to at most 3.5 minutes pass between the entry of two customers in the store.
To find , we calculate:
-
Calculate :
-
Calculate :
Thus:
Part (d)
What is the probability that, in total, at least 2.5 minutes will pass until the next customer enters the store?
To find , we use the complementary probability:
- Calculate :
Thus:
Summary of Answers:
- (a) Expected time: minutes
- (b)
- (c)
- (d)
Would you like more details on any of these steps or additional questions?
Additional Related Questions:
- How would the probabilities change if were increased?
- What is the variance of the time between customer arrivals?
- How does the Poisson rate affect the expected inter-arrival time?
- How can we interpret the probability in part (d) in real-life terms?
- How would we compute these probabilities if the arrivals did not follow an exponential distribution?
Tip:
Remember that for exponentially distributed times, the probability of waiting more than a given time is just the survival function .
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Math Problem Analysis
Mathematical Concepts
Probability
Poisson Process
Exponential Distribution
Formulas
Expected time = 1 / λ
P(X ≤ x) = 1 - e^(-λx) for exponential distribution cumulative distribution function (CDF)
P(a ≤ X ≤ b) = P(X ≤ b) - P(X ≤ a)
Theorems
Poisson Process properties
Exponential distribution
Suitable Grade Level
Undergraduate (Statistics or Probability)
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