A First Course in Probability (10th Edition)
A First Course in Probability (10th Edition)
10th Edition
ISBN: 9780134753119
Author: Sheldon Ross
Publisher: PEARSON
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The amount of time a customer browses until he/she actually purchases something is
exponentially distributed with ? = 0.05 Determine the probability a customer will spend less
than 15 minutes browsing before purchasing something.
b) Determine the median (50th percentile) browsing time before purchasing something

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Please note that I have answered the first question as per our guidelines. Please repost the other question separately. 

The given amount of time a customer browses until he/she actually purchases something is exponentially distributed with lambda = 0.05


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