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Mathematics, 02.03.2020 18:54 Gigglygoose3159

The waiting time, in minutes, to see a teller at a large bank follows an exponential distribution. If the proportion of all customers who wait more than 15 minutes is 0.01, what is the mean waiting time for all customers?

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The waiting time, in minutes, to see a teller at a large bank follows an exponential distribution. I...
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