Delivery times for shipments from a central warehouse are exponentially distributed with a mean of 1.96 days (note that times are measured continuously, not just in number of days). A random sample of 99 shipments are selected and their shipping times are observed.Approximate the probability that the average shipping time is less than 1.73 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 1.96 days (note that times are measured continuously, not just in number of days). A random sample of 99 shipments are selected and their shipping times are observed.Approximate the probability that the average shipping time is less than 1.73 days. Enter your answer as a number accurate to 4 decimal places.
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
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ISBN:9780079039897
Author:Carter
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Chapter4: Equations Of Linear Functions
Section4.5: Correlation And Causation
Problem 2CYU
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Delivery times for shipments from a central warehouse are exponentially distributed with a mean of 1.96 days (note that times are measured continuously, not just in number of days). A random sample of 99 shipments are selected and their shipping times are observed.
Approximate the probability that the average shipping time is less than 1.73 days.
Enter your answer as a number accurate to 4 decimal places.
Approximate the probability that the average shipping time is less than 1.73 days.
Enter your answer as a number accurate to 4 decimal places.
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