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Mathematics, 15.10.2019 19:20, okokalyssa
Abank wishing to increase its customer base advertises that it has the fastest service and that virtually all of its customers are served in less than 10 minutes. a management scientist has studied the service times and concluded that service times are exponentially distributed with a mean of 5.5 minutes. determine what the bank means when it claims 'virtually all' its customers are served in under 10 minutes and determine the median service time.
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Abank wishing to increase its customer base advertises that it has the fastest service and that virt...
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