The time between arrivals of taxis at a busy intersection

Chapter 4, Problem 121E

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QUESTION:

Problem 121E

The time between arrivals of taxis at a busy intersection is exponentially distributed with a mean of 10 minutes.

(a) What is the probability that you wait longer than one hour for a taxi?

(b) Suppose that you have already been waiting for one hour for a taxi. What is the probability that one arrives within the next 10 minutes?

(c) Determine x such that the probability that you wait more than x minutes is 0.10.

(d) Determine x such that the probability that you wait less than x minutes is 0.90.

(e) Determine x such that the probability that you wait less than x minutes is 0.50.

Questions & Answers

QUESTION:

Problem 121E

The time between arrivals of taxis at a busy intersection is exponentially distributed with a mean of 10 minutes.

(a) What is the probability that you wait longer than one hour for a taxi?

(b) Suppose that you have already been waiting for one hour for a taxi. What is the probability that one arrives within the next 10 minutes?

(c) Determine x such that the probability that you wait more than x minutes is 0.10.

(d) Determine x such that the probability that you wait less than x minutes is 0.90.

(e) Determine x such that the probability that you wait less than x minutes is 0.50.

ANSWER:

Solution

Step 1 of 5

Let X be the time between the arrivals of taxi

Here X is exponential random variable with mean of 10 min

Then

             

a) We have to find the probability that you wait longer than one hour for taxi

Here one hour=60 minutes

The cumulative density function of exponential distribution is

We have to find

                                             =

                                             =

                                             =0.0025

Hence the probability that you wait longer than one hour for taxi is 0.0025


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