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You are the manager of a taxi company, located in Long Valley, NJ. You are very

ID: 3218053 • Letter: Y

Question

You are the manager of a taxi company, located in Long Valley, NJ. You are very concerned about providing service to your customers. The average time it takes to go from Long Valley, NJ to Kennedy Airport in NY is 1 hour 20 minutes. You get a call from a good customer and he needs to get to Kennedy Airport within an hour. If you get him there you are rewarded handsomely, however, if you fail you could lose his business. You decided to go for it and accept the assignment. What is the probability you succeed?

Explanation / Answer

lambda= 1 hours 20 mins =1+(20/60) 1.333333 P(x
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