Delivery times for shipments from a central warehouse are exponentially distributed with a mean of 1.79 days (note that times are measured continuously, not just in number of days). A random sample of 102 shipments are selected and their shipping times are observed. Approximate the probability that the average shipping time is less than 1.48 days. Enter your answer as a number accurate to 4 decimal places.
Delivery times for shipments from a central warehouse are exponentially distributed with a mean of 1.79 days (note that times are measured continuously, not just in number of days). A random sample of 102 shipments are selected and their shipping times are observed. Approximate the probability that the average shipping time is less than 1.48 days. Enter your answer as a number accurate to 4 decimal places.
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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Delivery times for shipments from a central warehouse are exponentially distributed with a mean of 1.79 days (note that times are measured continuously, not just in number of days). A random sample of 102 shipments are selected and their shipping times are observed.
Approximate the probability that the average shipping time is less than 1.48 days.
Enter your answer as a number accurate to 4 decimal places.
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